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Wall Street opens lower as Sept rate hike in focus

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Reuters
Last Updated : Aug 31 2015 | 7:22 PM IST

REUTERS - U.S. stocks opened lower on Monday after weekend comments from Federal Reserve Vice Chairman Stanley Fischer appeared to keep the possibility of a September rate hike alive.

The Dow Jones industrial average fell 94.1 points, or 0.57 percent, to 16,548.91, the S&P 500 lost 9.69 points, or 0.49 percent, to 1,979.18 and the Nasdaq composite dropped 28.97 points, or 0.6 percent, to 4,799.36.

(Reporting By Sudarshan Varadhan; Editing by Saumyadeb Chakrabarty)

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First Published: Aug 31 2015 | 7:06 PM IST

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