News Column

US Stocks Lower in Early Trading

July 11, 2012

U.S. stocks opened slightly lower Wednesday while investors waited for the minutes of the Federal Reserve's last policy meeting.

The Dow Jones industrial average was down 2.01 points, or 0.02 percent, to 12,651.11. The Standard & Poor's 500 index was down 2.52 points, or 0.19 percent, to 1,343.99. The Nasdaq Composite Index was down 1.81 points, or 0.06 percent, to 2,900.52.

Investors are hoping the Federal Reserve minutes will show signs of policy easing.

The yield on 10-year U.S. treasury bonds was down just slightly from Tuesday to 1.508 percent.

The euro was up at $1.2274 from Tuesday's $1.2249. Against the yen, the dollar was 79.41 yen from Tuesday's 79.43.

In Tokyo, the Nikkei 225 index gave up 0.08 percent, 6.73 points, to 8,851.00. In London, the FTSE 100 was down 23.38, 0.41 percent, to 5,640.34.

Source: Copyright United Press International 2012

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