Wall Street opens lower ahead of Fed rate decision

(Reuters) – Wall Street’s main indexes opened lower on Monday, with the tech-focused Nasdaq dropping nearly 1%, to kick-start the busiest week of the earnings season and ahead of key central bank meetings.






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Traders work on the trading floor at the New York Stock Exchange (NYSE) in New York City

The Nasdaq Composite dropped 109.37 points, or 0.94%, to 11,512.34 at the opening bell.

The Dow Jones Industrial Average fell 68.87 points, or 0.20%, at the open to 33,909.21, while The S&P 500 opened lower by 21.29 points, or 0.52%, at 4,049.27.

(Reporting by Johann M Cherian in Bengaluru; Editing by Vinay Dwivedi)

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