US: Wall St opens nearly flat as bond yields climb

WALL Street’s main indexes were nearly flat at the open on Wednesday (Sep 7) as bond yields continued to rise with investors pricing in aggressive moves by the Federal Reserve to suppress inflation.

The Dow Jones Industrial Average rose 0.33 points at the open to 31,145.63.

The S&P 500 opened higher by 1.24 points, or 0.03 per cent, at 3,909.43, while the Nasdaq Composite gained 14.47 points, or 0.13 per cent, to 11,559.38 at the opening bell. REUTERS