Wall Street’s main indexes opened flat on Wednesday as the latest readings on inflation solidified bets that the Federal Reserve might announce a speedier winddown of its pandemic-era monetary stimulus later in the day.
The Dow Jones Industrial Average rose 5.17 points, or 0.01 per cent, at the open to 35,549.35.
The S&P 500 opened higher by 2.37 points, or 0.05 per cent, at 4,636.46, while the Nasdaq Composite dropped 6.93 points, or 0.05 per cent, to 15,230.71 at the opening bell.
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Wall Street’s main indexes opened flat on Wednesday as the latest readings on inflation solidified bets that the Federal Reserve might announce a speedier winddown of its pandemic-era monetary stimulus later in the day. The Dow Jones Industrial Average rose 5.17 points, or 0.01 per cent, at the open to 35,549.35. The S&P 500 opened higher by 2.37 points, or 0.05 per cent, at 4,636.46, while the Nasdaq Composite dropped 6.93 points, or 0.05 per cent, to 15,230.71 at the opening bell. (What’s moving Sensex and Nifty Track latest market news, stock tips and expert advice on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds.) Download The Economic Times News App to get Daily Market Updates & Live Business News.