Wall Street opens mostly lower ahead of Fed

2018-11-08 15:40:13 GMT (Economies.com)
Wall Street opens mostly lower ahead of Fed

US stock indices opened the fourth session of the week mixed but mostly lower, following earlier labor data and ahead of the Federal Reserve's policy decisions today. 

 

Earlier US data showed unemployment claims for the week ending Saturday down to 214 thousand as expected from 215K, while continuing claims for the week ending October 27 fell to 1.632 million from 1.631 million. 

 

The Federal Open Market Committee is wrapping up its policy meeting today, with analysts expecting no change in overnight interest rates at below 2.25% after increasing them by 25 basis points for the third time this year at the last meeting. 

 

Stock Performance 

 

As of 03:07 GMT, Standard and Poor's 500 shed 0.12%, or 3.49 points to 2,810.40, while Dow Jones inched up 0.04%, or 10.55 points to 26,190.85. 

 

Tech-heavy NASDAQ slipped 0.16%, or 11.80 points to 7,558.95. 

 
 
 
  Symbol Last Change Chg.%
1.1338
0.0010
0.0905%
1.3019
0.0099
0.7682%
14.191
0.033
0.233%
56.127
-3.715
6.208%
66.07
-0.05
0.08%
1212.340
2.870
0.237%
 
 
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