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 21,012.42 74.51 0.36%
NASDAQ 6,163.02 24.31 0.40%
S&P 500 2,404.39 5.97 0.25%
NIKKEI 225 19,813.13 70.15 0.36%
HANG SENG 25,630.78 202.28 0.80%
DAX 12,627.66 -15.21 -0.12%
USD (per EUR) 1.12 0.00 -0.17%
USD (per CHF) 0.97 0.00 -0.10%
JPY (per USD) 111.72 0.20 0.18%
GBP (per USD) 1.30 0.00 -0.13%

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