Wall Street opens lower as oil, Apple drag

The Dow Jones industrial average was down 94.44 points, or 0.58%, to 16,072.79

US stocks opened lower on Wednesday after oil prices gave up gains and as Apple's tepid quarterly revenue forecast weighed.

The Dow Jones industrial average was down 94.44 points, or 0.58 percent, to 16,072.79; the S&P 500 was down 5.3 points, or 0.28 percent, to 1,898.33; and the Nasdaq Composite index was down 20.16 points, or 0.44 percent, to 4,547.51.