Wall St. opens slightly lower after Yellen comments

Wall St. opens slightly lower after Yellen comments

(Reuters) – U.S. stocks opened marginally lower on Wednesday as Federal Reserve Chair Janet Yellen said the U.S. central bank remained on track to raise interest rates this year.

The Dow Jones industrial average <.DJI> fell 12.3 points, or 0.07 percent, to 18,041.28. The S&P 500 <.SPX> lost 0.76 points, or 0.04 percent, to 2,108.19 & the Nasdaq Composite <.IXIC> gained 4.35 points, or 0.09 percent, to 5,109.24.

p> (Reporting by Sudarshan Varadhan in Bengaluru; Editing by Savio D'Souza)Federal ReserveJanet Yellen

Source: “Reuters”

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