Street Wire: Stocks Fall at Open on Weak Housing Data

Stocks opened broadly lower Wednesday, hurt by a weak reading on May housing construction and a tepid forecast from economic bellwether FedEx (FDX). The blue-chip Dow Jones Industrial Average ($INDU) gapped down 39 points to 10,355, while the broader S&P 500 ($INX) fell 5 to 1,110. The tech-heavy Nasdaq Composite ($COMPX) lost 10 points to 2,296 soon after the opening bell.
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  • DJI26202.77240.330.93%
    NASDAQ8015.3866.820.84%
  • NIKKEI 22520618.57-58.65-0.28%
    Hang Seng26270.0438.500.15%
    DAX11802.85151.671.30%
  • USD (PER EUR)1.11-0.0021-0.19%
    USD (PER CHF)1.02-0.0055-0.54%
    JPY (PER USD)106.630.38100.36%
    GBP (PER USD)1.21-0.0044-0.36%