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Business

Wall St. dips at open; Fed minutes awaited

U.S. stocks opened slightly lower on Wednesday, a day after Wall Street's strongest rally in seven months, as investors were disappointed with IBM's results and remained cautious ahead of the minutes of Federal Reserve's latest meeting.

Business Video

Musk to buy $20 million in Tesla stock

Tesla Inc Chief Executive Officer Elon Musk will purchase company stock worth $20 million in the next open trading session, the electric carmaker said in a filing on Wednesday.

U.S. watchdog threatens retaliation over EU clearing rules

U.S. banks and securities houses could be barred from trading on exchanges in the European Union if the bloc refuses to water down "irresponsible" proposals for regulating foreign clearing houses, a top U.S. regulator said on Wednesday.

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