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Wall Street opens lower as Fed's rate hike decision looms

The Dow Jones industrial average fell 52.78 points, or 0.32%

A Wall Street sign is pictured in the rain outside the New York Stock Exchange in New York.

A Wall Street sign is pictured in the rain outside the New York Stock Exchange in New York.

Reuters

US stocks opened lower on Friday as investors awaited a decision on rate hike by the U.S. Federal Reserve next week.

The Dow Jones industrial average fell 52.78 points, or 0.32%, to 16,277.62, the S&P 500 lost 6.56 points, or 0.34%, to 1,945.73 and the Nasdaq composite dropped 24.55 points, or 0.51%, to 4,771.71.

 

 

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First Published: Sep 11 2015 | 7:14 PM IST

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