Wall St edges lower ahead of Fed decision

December 14, 2022
Wall St edges lower ahead of Fed decision
Traders work on the floor of the NYSE in New York

(Reuters) – Wall Street’s main stock indexes edged lower on Wednesday as investors exercised caution ahead of the much-anticipated interest rate decision by the Federal Reserve later in the day.

The Dow Jones Industrial Average fell 22.57 points, or 0.07%, at the open to 34,086.07. The S&P 500 opened lower by 4.11 points, or 0.10%, at 4,015.54, while the Nasdaq Composite dropped 8.73 points, or 0.08%, to 11,248.09 at the opening bell.

(Reporting by Ankika Biswas in Bengaluru; Editing by Anil D’Silva)

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