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Wall Street opens lower as retail sales data stokes rate concerns
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Wall Street's main indexes opened lower on Tuesday after a sharper-than-expected rise in U.S. retail sales stoked concerns the Federal Reserve could keep interest rates higher for longer.
The Dow Jones Industrial Average fell 88.26 points, or 0.25%, at the open to 35,219.37. The S&P 500 opened lower by 10.85 points, or 0.24%, at 4,478.87, while the Nasdaq Composite dropped 27.85 points, or 0.20%, to 13,760.48 at the opening bell.
. Read more on economictimes.indiatimes.comAbout this in other media
Wall St rises as weak economic data fuels rate-pause hopes investing.com /1 year ago
Stock market today: Wall Street rises following updates on consumer confidence, job openings abcnews.go.com /1 year ago
Wall street braces for a volatile September due to Fed meeting upcoming market data livemint.com /1 year ago
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