Economic news
Wall St opens lower on inflation concerns; Fed speakers in focus
2023.09.07 09:50
© Reuters. FILE PHOTO: Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., July 19, 2023. REUTERS/Brendan McDermid/File Photo
(Reuters) – Wall Street’s main indexes fell at open on Thursday as weaker-than-expected jobless claims data added to concerns about sticky inflation, while investors awaited comments from key Federal Reserve officials later in the day.
The fell 92.01 points, or 0.27%, at the open to 34,351.18. The opened lower by 30.93 points, or 0.69%, at 4,434.55, while the dropped 197.37 points, or 1.42%, to 13,675.11 at the opening bell.