You are here

US: Wall Street opens lower as optimism over trade talks recedes

file6zjxz2g610l1k9icr73w.jpg
Wall Street slipped at the open on Wednesday as US President Donald Trump cast fresh doubts over current US-China trade talks and investors awaited a Federal Reserve report for cues on pace of future interest rate hikes.

[NEW YORK] Wall Street slipped at the open on Wednesday as US President Donald Trump cast fresh doubts over current US-China trade talks and investors awaited a Federal Reserve report for cues on pace of future interest rate hikes.

The Dow Jones Industrial Average fell 76.70 points, or 0.31 per cent, at the open to 24,757.71.

The S&P 500 opened lower by 10.46 points, or 0.38 per cent, at 2,713.98. The Nasdaq Composite dropped 43.42 points, or 0.59 per cent, to 7,335.03 at the opening bell.

REUTERS

sentifi.com

Market voices on:

Powered by GET.comGetCom