Business Standard

Wall St opens little changed ahead of Fed minutes

Image

Reuters

(Reuters) - U.S. stocks were little changed at the open on Wednesday as investors stayed on the sidelines ahead of the release of minutes from last month's Federal Reserve meeting, which is expected to shed light on when interest rates will be hiked.

The Dow Jones industrial average fell 0.96 points, or 0.01 percent, to 18,311.43, the S&P 500 lost 0.42 points, or 0.02 percent, to 2,127.41 and the Nasdaq Composite dropped 1.48 points, or 0.03 percent, to 5,068.55.

(Reporting by Narottam Medhora in Bengaluru; Editing by Savio D'Souza)

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

First Published: May 20 2015 | 7:08 PM IST

Explore News