- Switzer Report - https://switzerreport.com.au -

US stocks open lower ahead of Fed meet

US stocks opened slightly lower on Friday despite Asia’s rebound as investors appeared cautious ahead of next week’s Federal Reserve policy board meeting.

Five minutes into trade, the Dow Jones Industrial Average was down 13.90 points (0.09 per cent) at 15,162.18.

The broad-based S&P 500 lost 1.24 (0.08 per cent) at 1,635.12, while the tech-rich Nasdaq Composite slipped 1.16 (0.03 per cent) at 3,444.21.