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

NASDAQ 6,867.36 4.88 0.07%
S&P 500 2,597.08 -1.95 -0.07%
DJIA 23,526.18 -64.65 -0.27%
NIKKEI 225 22,523.15 106.67 0.48%
HANG SENG 30,003.49 185.42 0.62%
DAX 13,015.04 -152.50 -1.16%
USD (per EUR) 1.18 0.01 0.72%
USD (per CHF) 0.98 -0.01 -0.89%
JPY (per USD) 111.21 -1.13 -1.00%
GBP (per USD) 1.33 0.01 0.60%

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