Wall Street Opens Lower as Mixed Data Fuels Fed Policy Uncertainty

June 6, 2023Updated: June 6, 2023

Wall Street’s main indexes opened slightly lower on Tuesday as investors assessed chances of the Federal Reserve holding interest rates at its meeting next week, with mixed data adding to uncertainty around the policy outlook.

The Dow Jones Industrial Average fell 15.19 points, or 0.05 percent, at the open to 33,547.67. The S&P 500 opened lower by 2.45 points, or 0.06 percent, at 4,271.34, while the Nasdaq Composite dropped 29.84 points, or 0.23 percent, to 13,199.59 at the opening bell.

Day in Photos: Brooklyn Building Collapse, Heavy Rainfall in France, and Meteorite Exhibition
RELATED
World Stocks Tread Water as Traders Eye Fed Pause Prospects