You are here
US: Wall Street ticks lower as FedEx warns on profit; Fed on tap
[NEW YORK] US stocks edged lower at open on Wednesday, pressured by FedEx's warning on full-year profit, while investors waited for the Federal Reserve's decision on interest rates.
The Dow Jones Industrial Average fell 35.41 points, or 0.13 per cent, at the open to 27,075.39.
The S&P 500 opened lower by 4.20 points, or 0.14 per cent, at 3,001.50. The Nasdaq Composite dropped 11.39 points, or 0.14 per cent, to 8,174.62 at the opening bell.