U.S. stocks opened lower Friday, on track for a second day of losses, as investors sold risky assets ahead of a Federal Reserve meeting and the U.K.'s so-called Brexit vote due later this month. A drop in in crude-oil futures CLN6, -1.56% also weighed on risk appetite. The S&P 500 SPX, -0.82% opened down 11 points, or 0.5%, to 2,104. The Dow Jones Industrial Average DJIA, -0.70% lost 88 points, or 0.5%, to 17,896 at the open. Meanwhile, the Nasdaq Composite COMP, -1.03% began the session down 42 points, or 0.8%, at 4,916.
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