NEW YORK (Archyde.com) – Major U.S. stock indexes fell at the open on Wednesday, with oil prices rising and blue chip stocks falling, while investors weighed the outlook for U.S. interest rates following calls from monetary policy makers for bigger increases.
The Dow Jones Industrial Average started 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.
“Wall Street” declines at the open with the rise of oil
