Wall Street’s main indexes opened lower on Wednesday as investors awaited the release of the minutes from the Federal Reserve’s July policy meeting. These minutes could provide insights into the central bank’s future interest rate decisions. Additionally, Target’s shares saw a significant increase in response to positive quarterly profit results.
At the opening bell, the Dow Jones Industrial Average (DJI) experienced a decline of 31.43 points, or 0.09%, reaching 34,914.96. Similarly, the S&P 500 (SPX) opened lower by 4.07 points, or 0.09%, at 4,433.79. The Nasdaq Composite (IXIC) also dropped 37.88 points, or 0.28%, to 13,593.17.
The article was written by Amruta Khandekar and edited by Vinay Dwivedi. The reporting adheres to the Thomson RushHourDaily Trust Principles.