Wall Street opens lower

Wall Street opens lower

New York: Wall Street stocks opened lower on Wednesday, a day after the market staged a huge reversal to end sharply higher and as investors sought clarity from European officials about plans to prop up the region’s struggling banks.

The Dow Jones industrial average was down 31.03 points, or 0.29%, at 10,777.68. The Standard & Poor’s 500 Index was down 4.52 points, or 0.40%, at 1,119.43. The Nasdaq Composite Index was down 15.95 points, or 0.66%, at 2,388.87.

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