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US: Wall Street opens lower as investors brace for Fed meet; Walmart slides

By Kim Browne

US: Wall Street opens lower as investors brace for Fed meet; Walmart slides

Published Thu, Aug 21, 2025 · 09:44 PM

WALL Street’s main indices opened lower on Thursday (Aug 21), as investors turned cautious ahead of the US Federal Reserve’s three-day conference in Jackson Hole, while big-box retailer Walmart’s quarterly results did little to lift sentiment.

The Dow Jones Industrial Average fell 130.1 points or 0.3 per cent at the open to 44,808.21. The S&P 500 dropped 14.9 points or 0.2 per cent to 6,380.83​, and the Nasdaq Composite declined 60.3 points or 0.3 per cent to 21,112.523. REUTERS

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Originally published by businesstimes.com.sg. Syndicated material does not necessarily reflect the views of Vanity Fair Fashion.

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