Business

Wall Street opens lower on taper fears, commodity losses

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Aug 19 (Reuters) - U.S. stocks opened lower on Thursday on concerns the Federal Reserve could begin to rein in its massive monetary stimulus, while commodity-linked stocks sank as oil and metal prices tumbled to multi-month lows.

The Dow Jones Industrial Average (.DJI) fell 86.02 points, or 0.25%, at the open to 34,874.67.

The S&P 500 (.SPX) opened lower by 17.83 points, or 0.41%, at 4,382.44. The Nasdaq Composite (.IXIC) dropped 102.75 points, or 0.71%, to 14,423.16 at the opening bell.

Reporting by Ambar Warrick; Editing by Maju Samuel

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