US: Wall St opens lower after data fans inflation worries
[NEW YORK] Wall Street’s main indexes opened lower on Friday (Mar 28) as data showed underlying price pressures rose more than expected last month and fuelled concerns that the Trump administration’s tariff policies could further stoke inflation.
The Dow Jones Industrial Average fell 53.9 points, or 0.13 per cent, at the open to 42,245.82.
The S&P 500 fell 14.1 points, or 0.25 per cent, at the open to 5,679.2, while the Nasdaq Composite dropped 81.9 points, or 0.46 per cent, to 17,722.087 at the opening bell. REUTERS
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