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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Markets

DJIA 24,100.51 -496.87 -2.02%
NASDAQ 6,910.67 -159.67 -2.26%
NIKKEI 225 21,506.88 132.05 0.62%
HANG SENG 26,098.83 4.04 0.02%
DAX 10,865.77 -58.93 -0.54%
USD (per EUR) 1.13 0.00 0.05%
JPY (per USD) 113.46 0.08 0.07%
GBP (per USD) 1.26 0.00 0.00%
USD (per CHF) 1.00 0.00 0.00%