U.S. Federal Reserve

US stocks open lower on worries about global growth

     

KEEPING SCORE: The Standard & Poor's 500 index fell 18 points, or 1 percent, to 1,919 as of 10:15 a.m. Eastern time. The Dow Jones industrial average dropped 188 points, or 1.2 percent, to 16,083. The Nasdaq composite fell 49 points, or 1.1 percent, to 4,702.

World stocks fall after Fed suggests Sept rate hike possible

KEEPING SCORE: Dow Jones futures slumped 170 points and the Standard & Poor's 500 gave up 20. In Europe, France's CAC-40 fell 0.9 percent to 4,632.59 and Germany's DAX lost 0.9 percent to 10,211.13. The U.K. was closed for a holiday. Wall Street looked set for losses at the open.