U.S. STOCKS DOWN, INVESTORS UNHAPPY WITH FEDERAL RESERVE'S POLICIES

Highlights

• The Dow Jones Industrial Average unlike yesterday slumped this morning by 48 points or 0.2 percent, while the S&P 500 index opened 0.5 percent lower at 3,368

• The Nasdaq Composite went down by over 2 percent to 10,785.67 at the end of first session

• According to the data released by the Labor Department, around 860,000 people had applied for jobless benefits in the previous week