News Column

Stocks open lower after two straight gains

August 20, 2014



NEW YORK (AP) U.S. stocks are opening lower after two straight days of gains.

The Dow Jones industrial average fell eight points, or 0.1 percent, to 16,911 as of 9:35 a.m. Eastern time Wednesday.

The Standard & Poor's 500 index fell two points, or 0.1 percent, to 1,979. The Nasdaq composite lost seven points, or 0.2 percent, to 4,520.

Lowe's fell 3 percent in early trading after the home improvement company lowered its full-year revenue outlook.

Investors were waiting for the release of minutes later Wednesday of the Federal Reserve's last policy meeting.

Bond prices fell. The yield on the 10-year Treasury note rose to 2.41 percent.


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Source: Associated Press


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