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US: Wall St nearly flat at open after hot inflation data

by Sarkiya Ranen
in Technology
US: Wall St nearly flat at open after hot inflation data
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Wall Street’s main indexes were little changed on Tuesday (May 14) as investors assessed stronger-than-expected producer prices data and awaited Federal Reserve Chair Jerome Powell’s speech later in the day.

The S&P 500 opened lower by 0.32 points, or 0.01 per cent, at 5,221.10, while the Nasdaq Composite gained 2.92 points, or 0.02 per cent, to 16,391.16 at the opening bell.

The Dow Jones Industrial Average rose 35.25 points, or 0.09 per cent, at the open to 39,466.76. REUTERS



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Tags: DataFlatHotInflationOpenWall
Sarkiya Ranen

Sarkiya Ranen

I am an editor for Ny Journals, focusing on business and entrepreneurship. I love uncovering emerging trends and crafting stories that inspire and inform readers about innovative ventures and industry insights.

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