Stocks Open Lower Ahead of Fed Minutes

U.S. stocks weakened ahead of minutes from the Federal Reserve’s latest meeting, after a sharp fall in weekly jobless claims.

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