Stocks open lower as investors start to look ahead to June Fed meeting

Yahoo Finance Live's Brad Smith breaks down the stock market open, as the three major indexes start the day lower.

Video transcript

- But I suspect that the NASDAQ will be opening in the red when it does open up. I have-- I have no content to add on golf. I know you're the golf stan in the family, so to speak.

- As I once heard someone say this morning, every day is a day. And for women's golf day, it's a good day, especially for Titleist and FootJoy at the New York Stock Exchange. And so as we're taking a look at the major averages here, yeah, we had a little glitchity glitch, as you mentioned there a moment ago, Julie, though I fixed it.

As we're taking a look at the past two-day move. All right. The glitchity glitch continues. I thought I fixed it. But anyway, let's try and load up another screen here. There we go. The NASDAQ Composite. That is cooperating here. Past two days flat, just barely to the downside here today. Down by about 3/10 of a percent.

We'll see if we can get the Dow Jones Industrial Average. Yes, we can. It's down by about 4/10 of a percent. And the S&P 500, you're seeing that down out of the gate by about 4/10 of a percent. Past two days net lower by about the same on a percentage basis.

Let's take a look at some of the sector performance here. We'll pull up a heat map as soon as things calibrate behind me. But taking a look at some of the bigger movers that we've seen. And as we were discussing over the course of this week as we round out this month of May, really interesting to track to see exactly where some of the major averages net out after today here.

Of course, for the S&P 500 and the NASDAQ, we'll see if they can maintain those winning streaks that we've seen over a couple of consecutive months now. However, the Dow, that potentially going to snap its consecutive win streak. And so ultimately here, things still moving behind me.

But hey, now we've got some action. Now things are responsive. And yeah, we'll get back to the sectors a little bit later on.

- Well, in the meantime, it's not only women's golf day, it's national flip-flop day, apparently.

- Oh, I love that.

- National macaroon day.

- I don't love those.

- National autonomous vehicle day. They're all right.

- National fisher folks day.

- I love fishing, actually.

- There you go.

- I've never been fly fishing. Good freshwater fishing, no.

- Important information for everyone to have.