Wall St. set to open lower; S&P below 14-day moving average

September 10, 2014 1:13 PM

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Wall St. set to open lower; S&P below 14-day moving average

NEW YORK (Reuters) - U.S. stocks were poised to open slightly lower on Wednesday, with investors finding few incentives to jump back into the market even after a recent string of weakness.

The S&P 500 fell sharply on Tuesday, its biggest one-day decline since Aug. 5, which took it below its 14-day moving average for the first time on a closing basis since Aug. 12. A protracted hold under the key technical level could be a harbinger of further losses ahead.

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