New York City interim police commissioner says federal authorities searched his homes
Marxist Dissanayake leads early vote count in Sri Lanka's presidential election
Trial in daytime ambush of rapper Young Dolph 3 years ago to begin in Memphis
Hezbollah, Israel exchange heavy fire after deadly Israeli strike
Over 100 rockets fired from Lebanon into Israel, with some hitting near northern city of Haifa
At least 19 killed as methane leak causes explosion at eastern Iran coal mine, state TV reports
Japan PM hopeful Ishiba sees 'room' for corporate tax hike, Kyodo reports
Southwest Airlines warns staff of 'tough decisions' ahead, Bloomberg reports
GM to lay off about 1,700 workers at Kansas plant
White Sox lose 119th game to tie the AL record as the Padres win 6-2 behind 3 home runs
No. 1 Texas keeps rolling behind Manning and Blue and routs ULM 51-3 in last game before SEC play
(Reuters) - Wall Street opened lower on Wednesday, with investors turning risk averse as concerns around the timing and scale of the Federal Reserve's interest rate cuts pushed Treasury yields higher and pressured megacap stocks.
The Dow Jones Industrial Average fell 136.6 points, or 0.35%, at the open to 38716.28. The S&P 500 fell 27.3 points, or 0.51%, at the open to 5278.73, while the Nasdaq Composite dropped 140.5 points, or 0.83%, to 16879.349 at the opening bell.
(Reporting by Johann M Cherian in Bengaluru; Editing by Saumyadeb Chakrabarty)
