US: Wall St slips at open with Fed in focus

Wall Street’s main indexes opened marginally lower on Tuesday (Aug 20), as investors refrained from risk taking in the lead-up to the release of minutes from the Federal Reserve’s latest meet and Chair Jerome Powell’s speech at Jackson Hole later this week.

The Dow Jones Industrial Average fell 22.0 points, or 0.05 per cent, at the open to 40,874.52.

The S&P 500 fell 5.4 points, or 0.10 per cent, at the open to 5,602.88​, while the Nasdaq Composite dropped 27.7 points, or 0.15 per cent, to 17,849.087 at the opening bell. REUTERS