American equity markets open negatively Wednesday

FXstreet.com (Barcelona) - The US Stock market experienced a definitely negative opening across the board Wednesday as worries mount over the impending Fiscal Cliff. Beginning with the indices and composites, the NASDAQ lost -0.55% as it settles in region of 2951.19, down -16.37 points in these moments.

In addition, the S&P 500 is trading in negative territory, operating at 1390.78, declining -8.16 points or -0.58% at the time of writing. Finally, the Dow Jones has moved lower at the opening as well, trading in the zone of 12822.53, presently -0.43% after a descent of -55.60 points.

Sectors are all red at the opening, however the Energy and Basic Materials sectors have distinguished themselves as the losers thus far, contracting -0.63% and -1.01% respectively. In other news, the price of crude has settled above USD $86.25 today, moving -1.07%.

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