Composite Stock Price Index ( CSPI ) in Indonesia Stock Exchange ( IDX ) on Wednesday opened down 23.51 points, or 0.50 percent, to 4680.71 .
While the index of 45 leading shares ( LQ45 ) fell 6.09 points ( 0.77 percent ) to a level of 782.87 .
Meanwhile rupiah traded among banks in Jakarta on Wednesday morning fell 85 points to move Rp11.449 than ever in a position Rp11.364 per U.S. dollar .
The assumption of the rupiah against the U.S. dollar in the state budget in 2014 was Rp10.500 per dollar .
Index stocks on Wall Street ended lower on Tuesday (Wednesday morning GMT ) , as the market retreated from a record last week and waiting for news that might support further increases .
The Dow Jones Industrial Average closed down 67.43 points ( 0.41 percent) to 16351.25 .
The broad-based S & P 500 fell 9.54 points ( 0.51 percent ) to finish at 1867.63 , while the tech -heavy Nasdaq composite index lost 27.26 points ( 0.63 percent ) to 4307.19 , a fourth loss in a few sessions .
William Lynch , director of investments at Hinsdale Associates , said investors saw little reason to make big bets because of the scarcity of major economic news on Tuesday .
" Investors do not really have a handle on whether the economy is getting stronger or weaker , and how it is likely to affect first -quarter earnings . Investors are taking a wait and see approach , " he said .
Peter Cardillo , chief market economist at Rockwell Global Capital , said the market drifted lower in the absence of a catalyst to lift the stock and overtake " psychological resistance " to a new record .
General Motors slipped 5.2 percent due to a congressional committee announced it will hold hearings on the recall of 1.6 million cars following an ignition problem that has been linked to 13 deaths .
Mens Wearhouse the news that the company will acquire rival retailer Jos. A. Bank Clothiers worth 65 U.S. dollars per share or $ 1.8 billion , has raised both the stock. Mens Wearhouse jumped 4.7 percent to 54.17 dollars , while Jos. A. Bank rose 3.9 percent to 64.22 U.S. dollars .
Components of the Dow , DuPont , warned that its first -quarter results can be damaged by cold weather in North America and the length of business disruption in Ukraine . Its shares fell 2.0 percent .
Other Dow components Chevron , slid 1.2 percent after cutting its oil and gas production target medium term , from 3.3 million barrels per day of oil and gas to 3.1 million .
JC Penney shares rose 3.0 percent after Citigroup gives credence to the struggling retailer , ranking increase its share in the anticipation that the change of direction will lead to higher sales .
Banking stocks had a bad day , including Citigroup fell 2.3 percent , JPMorgan Chase shed 1.7 percent and Goldman Sachs fell 2.1 percent .
The McDonald raced 3.8 percent higher .
Bond prices rose . The yield on U.S. 10-year bond slipped to 2.77 percent from 2.78 percent , while the 30 - year bond fell to 3.71 percent from 3.73 percent . Prices and bond yields move inversely .
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