US stocks opened slightly lower on Wednesday as investors evaluated developments around US-China trade talks and President Donald Trump’s State of the Union address, which offered no specific economic policy initiatives.

The Dow Jones Industrial Average fell 39.95 points, or 0.16pc, at the open to 25,371.57.

The S&P 500 opened lower by 2.65 points, or 0.10pc, at 2,735.05. The Nasdaq Composite dropped 1.64 points, or 0.02pc, to 7,400.44 at the opening bell.