U.S. stocks opened slightly lower on Wednesday as investors were cautious ahead of a key trade-related meeting between President Donald Trump and European Commission President Jean-Claude Juncker. The meeting could provide insight into the state of one of the biggest forces that has driven equity prices this year.
The S&P 500 fell 1 point, or less than 0.1%, to 2,819. The Dow Jones Industrial Average opened 46 points, or 0.2%, lower to 25,195. The Nasdaq Composite Index opened unchanged at 7,840.
Among the biggest decliners on the S&P 500, shares of General Motors dropped 5% after it reported a drop in quarterly profits due, partly due to higher prices of steel and aluminum.