Wall Street dips at the open amid rising interest rates jitters; Fed Minute Eyes

Wall Street’s major indexes opened lower on Wednesday, indicating a second day of selling on Wall Street as investors fear aggressive moves by the Federal Reserve to tackle inflation, focusing on the minutes of the central bank’s March meeting.

The Dow Jones Industrial Average fell 120.8 points, or 0.35 percent, to 34,520.34 at the open.



The Standard & Poor’s 500 Index fell 30.9 points, or 0.68%, to 4,494.17 points, while the Nasdaq Composite Index fell 201.6 points, or 1.42%, to 1,4002.583 at the opening bell.

(This story has not been edited by Business Standard employees and is automatically generated from a shared feed.)

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