Wall Street indexes open lower as oil and yields rise ahead of US-China summit

  • Wall Street's main indexes opened lower as crude prices and bond yields increased.
  • Dow Jones Industrial Average fell 92.3 points, or 0.18%, to 51,771.41.
  • Investors awaited Middle East negotiations ahead of the high-stakes US-China summit.

Wall Street's main indexes opened lower on Wednesday as rising crude prices and government bond yields weighed on investor sentiment. The Dow Jones Industrial Average fell 92.3 points, or 0.18%, to 51,771.41 at the open. The S&P 500 declined 2.7 points, or 0.03%, to 7,761.94, while the Nasdaq Composite dropped 30.8 points, or 0.11%, to 27,213.519. Investors were watching negotiations aimed at ending the Middle East conflict ahead of a high-stakes US-China summit. The report was written by Avinash P in Bengaluru and edited by Shinjini Ganguli.

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