Mixed Opening on Wall Street Amid Fed Rate Uncertainty

Wall Street's main indexes opened mixed on Wednesday as investors faced uncertainty over the Federal Reserve's interest rate plans following recent inflation data. The Dow Jones Industrial Average dropped, while the S&P 500 showed a marginal decline, and the Nasdaq Composite registered a slight increase.

Wall Street's main indexes were mixed at the open on Wednesday as investors grappled with uncertainty surrounding the Federal Reserve's next moves on interest rates in light of the latest inflation data.

The Dow Jones Industrial Average fell by 98.2 points, or 0.24%, starting the day at 40638.76. The S&P 500 experienced a slight dip, shedding 0.9 point, or 0.02%, to open at 5496.42.

Conversely, the Nasdaq Composite showed an uptick, rising by 35.5 points, or 0.21%, to commence trading at 17061.406.

(With inputs from agencies.)