Wall Street falls at the open as oil rises and major stocks fall By Reuters

© Archyde.com. Traders work during trading at the New York Stock Exchange on Tuesday. Photo: Brendan McDermid-Archyde.com.

(Archyde.com) – Major U.S. stock indexes fell at the open on Wednesday, with major stocks rising and falling, as investors weighed the outlook for U.S. interest rates following calls from monetary policy makers for bigger increases.

The industrial index began the trading session on Wall Street, down 0.17 percent to 3,4748.84 points.

The benchmark Standard & Poor’s 500 index fell 0.41 percent to 4,493.10 points, while the Nasdaq Composite Index fell 0.84 percent to 13,990.35 points.

The three indices continued to decline in early trading.

(Prepared by Wagdy Al-Alfi for the Arabic Bulletin)

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