Business Standard

Wall Street opens lower on Fed stimulus uncertainty

The Nasdaq Composite dropped 20.265 points or 0.52%

Reuters New York

Wall Street opened lower Wednesday as uncertainty over how soon the Federal Reserve will begin to scale back its stimulus efforts curbed investors' appetite for risky assets.

The Dow Jones industrial average fell 66.85 points or 0.42 percent, to 15,683.82, the S&P 500 lost 5.86 points or 0.33 percent, to 1,761.83 and the Nasdaq Composite dropped 20.265 points or 0.52 percent, to 3,899.656.

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Nov 13 2013 | 8:05 PM IST

Explore News