US: Wall St opens lower after hot producer prices data

[NEW YORK] Wall Street's main indexes fell at the opening bell on Tuesday after data showed producer prices increased more than expected in November and ahead of a potential decision on faster tapering from the Federal Reserve this week.

The Dow Jones Industrial Average fell 45.22 points or 0.13 per cent at the open to 35,605.73.

The S&P 500 opened lower by 25.98 points or 0.56 per cent at 4,642.99, while the Nasdaq Composite dropped 197.32 points or 1.28 per cent to 15,215.96 at the opening bell.

REUTERS