Wall Street slides at open on rate hike jitters; Fed minutes eyed


Wall Street’s main indexes opened lower on Wednesday, signaling a second day of selling on Wall Street as investors feared aggressive moves by the Federal Reserve to tackle inflation, with eyes on minutes from the central bank’s March meeting.

The Dow Jones Industrial Average fell 285.08 points, or 0.85%, to 34,356.10 in opening session.

The S&P 500 fell 30.9 points, or 0.68%, to 4494.17, while the Nasdaq Composite dropped 201.6 points, or 1.42%, to 14002.583 at the opening bell.

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