US Equities open lower

FXStreet (Mumbai) - US Equity markets have opened lower after a more than 1% rally witnessed yesterday. The investors have taken cues from the exhaustion followed by the decline seen in the European markets today.

The DJIA is trading 0.34% lower at 16936.50 while the S&P futures are trading 0.17% lower at 1958.45. In Europe, the Dax is up 0.9%, while the Ftse is trading flat.

The “risk-on” rally generated by the dovish Federal Reserve (Fed) minutes released yesterday may not last long as the concerns of global growth slowdown may take the center stage.