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Wall St opens lower after hot CPI data fuels rate-hike bets

Via Reuters

Wall St opens lower after hot CPI data fuels rate-hike bets Reuters Wed, October 14, 2026 at 9:35 AM EDT ^DJI -0.18% ^GSPC -0.95% ^IXIC -1.33% Oct 14 (Reuters) - Wall Street's main indexes ‌opened lower on ‌Wednesday after a hotter-than-expected ​inflation report boosted bets of an interest rate hike this ‌month, while ⁠investors parsed more big bank ⁠earnings.

The Dow Jones Industrial Average fell ​85.11 points, ​or ​0.16%, at ‌the open to 51,584.99. The S&P 500 fell 31.3 points, or 0.40%, at the ‌open to ​7,774.18, while ​the ​Nasdaq Composite ‌dropped 172.7 points, ​or ​0.63%, to 27,031.64 at the opening bell.

(Reporting ​by ‌Purvi Agarwal in ​Bengaluru; Editing by ​Devika Syamnath)

Read original at Yahoo Finance News

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