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 24,987.47 -103.01 -0.41%
NASDAQ 7,747.03 0.65 0.01%
NIKKEI 225 22,278.48 -401.85 -1.77%
HANG SENG 29,468.15 -841.34 -2.78%
DAX 12,624.97 -209.14 -1.63%
USD (per EUR) 1.15 -0.01 -0.73%
USD (per CHF) 1.00 0.00 0.29%
JPY (per USD) 109.89 -0.24 -0.22%
GBP (per USD) 1.32 -0.01 -0.59%