Wall St slips ahead of Fed policy meet, Instacart market debut
Wall Street's main indexes slipped on Tuesday ahead of the Federal Reserve's policy meeting, with investors awaiting grocery delivery app Instacart's Nasdaq debut to assess a potential recovery in the IPO market.
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(Reuters) - Wall Street’s main indexes opened lower on Tuesday ahead of the Federal Reserve’s policy meeting, with investors awaiting grocery delivery app Instacart’s Nasdaq debut to assess a potential recovery in the IPO market.
The Dow Jones Industrial Average fell 52.46 points, or 0.15%, at the open to 34,571.84. The S&P 500 opened lower by 8.12 points, or 0.18%, at 4,445.41, while the Nasdaq Composite dropped 60.79 points, or 0.44%, to 13,649.44 at the opening bell.
Reporting by Shristi Achar A in Bengaluru; Editing by Vinay Dwivedi
