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Wall St edges lower ahead of Fed decision

By:
Reuters
Published: Dec 14, 2022, 14:51 GMT+00:00

(Reuters) - Wall Street's main stock indexes edged lower on Wednesday as investors exercised caution ahead of the much-anticipated interest rate decision by the Federal Reserve later in the day.

Traders work on the floor of the NYSE in New York

(Reuters) – Wall Street’s main stock indexes edged lower on Wednesday as investors exercised caution ahead of the much-anticipated interest rate decision by the Federal Reserve later in the day.

The Dow Jones Industrial Average fell 22.57 points, or 0.07%, at the open to 34,086.07. The S&P 500 opened lower by 4.11 points, or 0.10%, at 4,015.54, while the Nasdaq Composite dropped 8.73 points, or 0.08%, to 11,248.09 at the opening bell.

(Reporting by Ankika Biswas in Bengaluru; Editing by Anil D’Silva)

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