US stocks open mixed ahead of Fed announcement
People's Daily
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NEW YORK, June 10 (Xinhua) - US stocks opened mixed on Wednesday as investors were awaiting the Federal Reserve's statement on policy and its comment on the economy.

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Traders work on the floor of the New York Stock Exchange (NYSE) in New York, US, March 19, 2020. (File photo: CFP)

Shortly after the opening bell, the Dow Jones Industrial Average lost 84.47 points, or 0.31 percent, to 27,187.83. The S&P 500 increased 1.32 points, or 0.04 percent, to 3,208.50. The Nasdaq Composite Index was up 57.72 points, or 0.58 percent, to 10,011.48.

Boeing shares dipped more than 4 percent in early trading, weighing on the Dow.

Tech shares continued to rise, pushing the Nasdaq to hit a fresh record. The tech-heavy index crossed the 10,000 mark for the first time in intraday trading on Tuesday, before trimming its gains to end at 9,953.75.

Of the 11 primary S&P 500 sectors, energy fell more than 3 percent shortly after the opening, leading the decliners. Technology gained 0.9 percent, the best-performing group.

Investors were awaiting the US central bank's policy decision and its update on the state of the economy due Wednesday afternoon.