Wall Street Opens Lower as Investors Await Key Inflation Data

Wall Street Opens Lower as Investors Await Key Inflation Data
A Wall St. sign is seen in New York City on March 13, 2023. Brendan McDermid/Reuters
Reuters
Updated:
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Wall Street’s main indexes opened lower on Tuesday after starting the week on a strong footing, as investors awaited key inflation readings for clues on the Federal Reserve’s interest-rate path.

The Dow Jones Industrial Average fell 43.70 points, or 0.13 percent, at the open to 34,620.02. The S&P 500 opened lower by 14.19 points, or 0.32 percent, at 4,473.27, while the Nasdaq Composite dropped 58.96 points, or 0.42 percent, to 13,858.94 at the opening bell.