Stocks fall at the open as Dow tumbles over 300 points

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U.S. stocks fell at the start of Wednesday's trade as investors eyed a stream of high-profile corporate earnings and also a Federal Reserve policy update later in the afternoon.

U.S. stocks fell at the start of Wednesday's trade as investors eyed a stream of high-profile corporate earnings and also a Federal Reserve policy update later in the afternoon. The Dow Jones Industrial Average DJIA, -1.53% fell 330 points, or 1.1%, to 30,607. The S&P 500 SPX, -1.

56% was down 51 points, or 1.3%, to 3,798. The Nasdaq Composite COMP, -1.43% shed 202 points, or 1.5%, to 13,434. The Fed is expected to commit to its accommodative policy stance to support the U.S. recovery. In company news, Microsoft MSFT, +1.64% shares were up slightly after its results topped analyst expectations.

 

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