Wall Street opens lower as investors assess inflation data
Wall Street’s main indexes opened lower in choppy trading on Friday after data showed inflation cooled further in November, but not enough to discourage the Federal Reserve from driving interest rates to higher levels next year.
The Dow Jones Industrial Average fell 66.43 points, or 0.20%, at the open to 32,961.06. The S&P 500 opened lower by 7.28 points, or 0.19%, at 3,815.11, while the Nasdaq Composite dropped 38.37 points, or 0.37%, to 10,437.75 at the opening bell.
This story has been published from a wire agency feed without modifications to the text. Only the headline has been changed.
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Ganesh
http://ganesh@finplay.inFinance enthusiast, Mutual fund expert.