Press "Enter" to skip to content

Wall Street falls at the open after inflation data above expectations

(Reuters) – Wall Street’s major indices fell at the open on Wednesday, following higher-than-expected U.S. inflation that reignited concerns about an earlier-than-expected Federal Reserve interest rate hike. to combat a possible period of strong price rises.

* In the first minutes of the day, the Dow Jones industrial average fell 62.8 points, or 0.18%, to 34,206.40 units; while the S&P 500 index lost 21.6 points, or 0.52%, to 4,130.55 units; and the Nasdaq Composite Index fell 173.9 points, or 1.30%, to 13,215.49 points.

(Report by Medha Singh in Bengaluru. Edited in Spanish by Marion Giraldo)

Read more

Be First to Comment

Leave a Reply

Your email address will not be published. Required fields are marked *