Wall Street opens lower as Fed rate hike looms, oil falls

Minutes of the Fed's April meeting, released on Wednesday, caught the market by surprise as they showed that most policymakers thought a June rate hike was appropriate, given continued improvement in the U.S. economy. "The potential for a June rate hike has put the market on edge a little bit but we expect to see one in July and then another hike later in the year," said Ed Hyland, global investment specialist at JP Morgan Private Bank in Atlanta, Georgia. Oil prices dropped more than 2.5 percen