Wall Street Ticks Lower as Investors Await Fed Rate Hike Clues

By Reuters
Reuters
Reuters
August 24, 2022 Updated: August 24, 2022

Wall Street’s main indexes slipped on Wednesday as recent economic data fueled fears of a slowdown ahead of the U.S. Federal Reserve’s annual conference this week.

The Dow Jones Industrial Average fell 10.58 points, or 0.03 percent, at the open to 32,899.01.

The S&P 500 opened lower by 2.18 points, or 0.05 percent, at 4,126.55, while the Nasdaq Composite dropped 6.15 points, or 0.05 percent, to 12,375.15 at the opening bell.

Reuters