US STOCKS SNAPSHOT — Wall St opens lower after hot CPI data fuels rate — hike bets
Oct 14 (Reuters) — Wall Street's main indexes opened lower on Wednesday after a hotter-than-expected inflation report boosted bets of an interest rate hike this month, while investors parsed more big bank earnings. The Dow Jones Industrial Average fell 85.11 points, or 0.16%, at the open to 51,584.99. The S&P 500 fell 31.3 points, or 0.40%, at the open to 7,774.18, while the Nasdaq Composite dropped 172.7 points, or 0.63%, to 27,031.64 at the opening bell. (Reporting by Purvi Agarwal in Bengaluru; Editing by Devika Syamnath) ((Purvi.Agarwal@thomsonreuters.com;)
Oct 14 (Reuters) — Wall Street's main indexes opened lower on Wednesday after a hotter-than-expected inflation report boosted bets of an interest rate hike this month, while investors parsed more big bank earnings. The Dow Jones Industrial Average fell 85.11 points, or 0.16%, at the open to 51,584.99. The S&P 500 fell 31.3 points, or 0.40%, at the open to 7,774.18, while the Nasdaq Composite dropped 172.7 points, or 0.63%, to 27,031.64 at the opening bell. (Reporting by Purvi Agarwal in Bengaluru; Editing by Devika Syamnath) ((Purvi.Agarwal@thomsonreuters.com;)