Wall St opens lower ahead of Fed policy meet, Instacart debut
2023-09-19T10:37:31Z
FILE PHOTO: Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., August 29, 2023. REUTERS/Brendan McDermid/File Photo
(Reuters) – Wall Street’s main indexes opened lower on Tuesday ahead of the Federal Reserve’s policy meeting, with investors awaiting grocery delivery app Instacart’s Nasdaq debut to assess a potential recovery in the IPO market.
The Dow Jones Industrial Average fell 52.46 points, or 0.15%, at the open to 34,571.84. The S&P 500 opened lower by 8.12 points, or 0.18%, at 4,445.41, while the Nasdaq Composite dropped 60.79 points, or 0.44%, to 13,649.44 at the opening bell.
