TELETRADER News
8/24/2016, 3:37 PM (Source: TeleTrader)
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Wall Street eyes earnings, oil, Fed

Major financial markets in the United States opened mixed on Wednesday, with investors' attention focused on earnings and oil prices. The Street is anxious to find out if and when the fed will raise interest rate, and is expecting Janet Yellen's speech on Friday. U.S. house prices rose 0.2% in June from May.

The Dow Jones Industrial Average opened up 0.10%.

The S&P 500 started 0.10% lower.

The Nasdaq 100 on lost 0.12% open. Starbucks, eBay and Akamai took the early lead up, and Apple was early decliner, losing 0.35%.

The Nasdaq Composite was off 0.09%.

U.S. light sweet crude oil fell 0.53% to $47.31 a barrel and Brent traded just 0.10% lower at $49.44 a barrel at 3:30 p.m. CET.

The U.S. dollar index rose 0.23% to 94.75. The greenback strengthened 0.37% against the euro, and rose 0.14% versus the Canadian dollar, and inched up 0.07% against the Japanese yen, all at 3:30 p.m. CET.

Breaking the News / ZR