U.S. stocks open lower as investors grapple with rate-hike expectations

September 12, 2016 1:32 PM

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U.S. stocks open lower as investors grapple with rate-hike expectations

U.S. stocks opened lower Monday, adding to the sharp losses incurred during Friday’s selloff, which was sparked by rate-hike fears.

Investors continue to weigh mixed messages from Federal Reserve speakers on the timing of the next interest-rate hike. A sharp decline in oil prices weighed on energy companies’ shares, adding to the selling pressures in the equity market. Traders were awaiting a speech by Fed Gov. Lael Brainard, wh...

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