Shares open lower ahead of Fed minutes


US equities weakened ahead of the minutes of the Federal Reserve’s last meeting, following a sharp drop in weekly unemployment claims.

The S&P 500 fell 0.5% in early trading on Wednesday, while the Dow Jones Industrial Average weakened 0.6%, or 210 points. The technology-heavy Nasdaq Composite Index fell 0.7%, a day after technology stocks weakened, partly due to rising bond yields.

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