Skip to main content
Advertising

Originally published May 29, 2013 at 6:44 AM | Page modified May 29, 2013 at 7:36 AM

  • Share:
           
  • Comments (2)
  • Print

Stocks open lower on Wall Street

Stocks are opening lower on Wall Street, pushing the Dow Jones industrial average down from a record.

The Associated Press

Most Popular Comments
Hide / Show comments
Had to set your alarm extra early this morning to get up for the first comment on this... MORE
Drumroll Please.................................................... It's the house... MORE

advertising

NEW YORK —

Stocks are opening lower on Wall Street, pushing the Dow Jones industrial average down from a record.

The Dow fell 87 points, or 0.6 percent, to 15,321 shortly after the opening bell on Wednesday.

The Standard and Poor's 500 index fell 10 points, or 0.6 percent, to 1,650.90. The Nasdaq composite dropped 15 points, or 0.5 percent, to 3,473.

There are no major economic reports scheduled on Wednesday. Strong reports on consumer confidence and housing gave stock markets a lift Tuesday.

Smithfield Foods surged 24 percent to $32.34 after the company agreed to be acquired by Shuanghui International Holdings.

The yield on the 10-year Treasury note fell to 2.16 percent. The yield, which moves opposite to its price, jumped to 2.17 percent Tuesday, its highest in more than a year.

News where, when and how you want it

Email Icon

Love the column? Pre-order the book!

Love the column? Pre-order the book!

Reserve your copy of "The Seattle Sketcher," the long-awaited book by staff artist Gabriel Campanario, for the special price of just $29.95.

Advertising

Advertising


Advertising
The Seattle Times

The door is closed, but it's not locked.

Take a minute to subscribe and continue to enjoy The Seattle Times for as little as 99 cents a week.

Subscription options ►

Already a subscriber?

We've got good news for you. Unlimited seattletimes.com content access is included with most subscriptions.

Subscriber login ►