US Stocks Snapshot-Wall St opens lower ahead of Fed decision; chip stocks wobble
SPY•Wall Street opens lower ahead of Fed decision
Wall Street's main stock indexes opened lower on Wednesday as investors awaited the Federal Reserve's monetary policy verdict against a backdrop of simmering Middle East tensions, while chip stocks struggled ahead of Big Tech earnings later this week.
The Dow Jones Industrial Average .DJI fell 73.1 points, or 0.14%, at the open to 52,674.21. The S&P 500 .SPX fell 10.6 points, or 0.14%, at the open to 7,418.16, while the Nasdaq Composite .IXIC dropped 13.4 points, or 0.05%, to 24,863.48 at the opening bell.
