Wall Street wavers at the open

U.S. stock indices wavered on Friday as investors look for a new direction for the markets after the Federal Reserve's rate hike this week. 

The Fed said in its statement that decisions regarding interest rates will depend on inflation and employment data and are not set in stone, while forecasting three rate increases this year, underpinning Wall Street before it lost momentum. 

On the other hand, crude prices kept wavering as well today after a small U.S. inventory drawdown last week, while U.S. shale production keeps increasing, forcing prices into sideways trading. 

As for the dollar, it stopped falling today after plumbing a five-week low against a basket of currencies, forcing shares of American exporters to waver as well. 

Standard and Poor's 500 shed 0.06%, or 1.46 points to 2,379.92, while Dow Jones lost 0.10%, or 21.35 points to 20,913.20. 

Tech-heavy NASDAQ declined 0.15%, or 8.58 points to 5,892.18.