Wall St muted at open as markets brace for inflation data, Fed meeting

(Reuters) – Wall Street’s main indexes were subdued at open on Monday in the run-up to an action-packed week that includes the Federal Reserve’s policy meeting and inflation data, both of which will test investor optimism about interest rates being cut next year.

The rose 6.46 points, or 0.02%, at the open, to 36,254.33. The opened lower by 10.98 points, or 0.24%, at 4,593.39, while the dropped 63.84 points, or 0.44%, to 14,340.13 at the opening bell.

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