Wall Street opens lower on oil price slide


(Reuters) – The Dow shed more than 100 points at the open on Wednesday, as a slide in oil prices hit global markets and concerns about the fate of U.S. tax cuts continued to weigh on the mood.

The Dow Jones Industrial Average .DJI fell 109.77 points, or 0.47 percent, to 23,299.7.The S&P 500 .SPX lost 13.02 points, or 0.50 percent, to 2,565.85. The Nasdaq Composite .IXIC dropped 39.19 points, or 0.58 percent, to 6,698.68.

Reporting by Sruthi Shankar in Bengaluru; Editing by Anil D’Silva
Possible Buy in at $27.54 for ERX