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Wall St subdued at open as investors await Fed decision
© Reuters. FILE PHOTO: Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., June 5, 2023. REUTERS/Brendan McDermid
(Reuters) – Wall Street’s main indexes were subdued at open on Wednesday as investors geared up for the Federal Reserve’s interest rate decision later in the day, while shares of UnitedHealth (NYSE:) fell after the insurer warned of higher medical costs.
The fell 167.42 points, or 0.49%, at the open to 34,044.70. The opened lower by 2.72 points, or 0.06%, at 4,366.29, while the dropped 2.76 points, or 0.02%, to 13,570.56 at the opening bell.
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