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Wall Street opens slightly lower as rate hike fears grow

The Dow Jones industrial average rose 0.04%

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

Reuters

U.S. stocks opened marginally lower on Tuesday on growing speculation that the Federal Reserve could raise interest rates as soon as September.

The Dow Jones industrial average rose 7.37 points, or 0.04 percent, to 17,773.92, the S&P 500 gained 0.94 points, or 0.05 percent, to 2,080.22 and the Nasdaq Composite dropped 6.06 points, or 0.12 percent, to 5,015.57.

 

 

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First Published: Jun 09 2015 | 7:10 PM IST

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