Wall Street slips after Trump nominates Kevin Warsh to head Federal Reserve

US stock indices edged lower on Friday after President Donald Trump nominated former Federal Reserve Governor Kevin Warsh to head the central bank.

At 09:30 am ET, the Dow Jones Industrial Average fell 146.89 points, or 0.32%, to 48,912.80, the S&P 500 lost 23.24 points, or 0.33%, to 6,945.77 and the Nasdaq Composite lost 107.88 points, or 0.43%, to 23,577.24.

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