Street Wire: Stocks Fall at Open on Weak Housing Data

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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

S&P 500 2,348.69 -7.15 -0.30%
DJIA 20,547.76 -30.95 -0.15%
NASDAQ 5,910.52 -6.26 -0.11%
DAX 12,048.57 21.25 0.18%
NIKKEI 225 18,620.75 190.26 1.03%
HANG SENG 24,042.02 -14.96 -0.06%
USD (per EUR) 1.07 0.00 0.03%
USD (per CHF) 1.00 0.00 0.02%
JPY (per USD) 109.07 0.01 0.00%
GBP (per USD) 1.28 0.00 0.04%

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