Wall Street’s main indexes opened lower on Wednesday as a surge in U.S. consumer prices last month deepened fears that high inflation is here to stay.
The Dow Jones Industrial Average fell 20.73 points, or 0.06 per cent, at the open to 36,299.25.
The S&P 500 opened lower by 14.99 points, or 0.32 per cent, at 4,670.26, while the Nasdaq Composite dropped 132.70 points, or 0.84 per cent, to 15,753.84 at the opening bell.
