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US: Wall St lower at the open as oil prices slide


[NEW YORK] US stocks were lower at the open on Wednesday as oil prices slid after data showed US crude stockpiles touched record highs.

The Dow Jones industrial average fell 51.09 points, or 0.3 per cent, to 16,813.99, the S&P 500 lost 4.73 points, or 0.24 per cent, to 1,973.62 and the Nasdaq Composite index dropped 8.48 points, or 0.18 per cent, to 4,681.11.


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