US STOCKS SNAPSHOT-Wall St opens lower as inflation data adds to rate-hike worries
Wall Street's main indexes opened lower on Friday as resilient core inflation in August stoked fears of more big-sized interest-rate hikes denting a rebound in consumer spending.
The Dow Jones Industrial Average fell 102.58 points, or 0.35%, at the open to 29,123.03.
The S&P 500 opened lower by 6.99 points, or 0.19%, at 3,633.48, while the Nasdaq Composite dropped 39.80 points, or 0.37%, to 10,697.71 at the opening bell.
Also Read: SC seeks report from CBI on ex-Minister Gali Janardhan Reddy's plea to visit Bellary in Karnataka
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
- READ MORE ON:
- bell
Advertisement