Wall Street’s main indexes fell at the open on Wednesday, as investors scaled back hopes of an early start to interest-rate cuts after data showed retail sales in December surpassed expectations.
The Dow Jones Industrial Average fell 79.26 points, or 0.21 percent, at the open to 37,281.86. The S&P 500 opened lower by 26.85 points, or 0.56 percent, at 4,739.13, while the Nasdaq Composite dropped 129.58 points, or 0.87 percent, to 14,814.77 at the opening bell.
