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Wall Street lower on inflation, Trump policy worries

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Reuters
Last Updated : Aug 17 2017 | 7:22 PM IST

REUTERS - U.S. stocks opened lower on Thursday after minutes from the Federal Reserve's July meeting showed growing concerns over weak inflation, while investors worried about President Donald Trump's ability to pursue his pro-growth policies.

The Dow Jones Industrial Average fell 50.31 points, or 0.23 percent, to 21,974.56. The S&P 500 lost 7.62 points, or 0.30 percent, to 2,460.49. The Nasdaq Composite dropped 25.39 points, or 0.40 percent, to 6,319.72.

(Reporting by Tanya Agrawal; Editing by Anil D'Silva)

Disclaimer: No Business Standard Journalist was involved in creation of this content

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First Published: Aug 17 2017 | 7:02 PM IST

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