4/7/2021, 3:31 PM (Source: TeleTrader)
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Wall Street opens slightly lower amid data reports

Major stock markets in the United States opened modestly below the flatline on Wednesday after Census Bureau revealed the trade deficit rose by 4.8% to a record $71.1 billlion in February, compared to the month before. Both exports and imports dropped in volume by 2.6% and 0.7% respectively. The investors are also anticipating the release of the Federal Open Market Committee's minutes.

Dow Jones opened 0.08% in the red as Honeywell International dropped 0.06%, while S&P slid 0.01% with Lamb Weston plummeting 3.20%. The Nasdaq 100 lost 0.15% led by Pinduoduo falling 4.70%.

The euro gained 0.16% against the dollar to trade for $1.18951 at 9:29 am ET.

Baha Breaking News (BBN) / LH