Wed, October 27, 2010
Business > Markets

Wall St dips as investors rethink stimulus

2010-10-27 13:53:45 GMT2010-10-27 21:53:45 (Beijing Time)  SINA.com

NEW YORK – Wall Street opened lower on Wednesday after durable goods orders excluding defense and aircraft fall and as investors reassessed how aggressively the U.S. Federal Reserve may try to stimulate the economy.

The Dow Jones industrial average (.DJI) was down 70.50 points, or 0.63 percent, at 11,098.96. The Standard & Poor's 500 Index (.SPX) was down 7.82 points, or 0.66 percent, at 1,177.82. The Nasdaq Composite Index (.IXIC) was down 10.35 points, or 0.41 percent, at 2,486.94.

(Agencies)

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