U.S. stocks open lower as retail sales, inflation data disappoint

U.S. stocks opened mostly lower Wednesday after the producer-price index, an important inflation indicator, declined in September and retail sales matched economists’ forecasts. The Dow Jones Industrial Average opened down 36 points, or 0.2%, to 17,049, while the S&P 500 was 2 points, or 0.1%, lower at 2,001. The Nasdaq Composite Index was 7 points, or 0.2%, higher at 4,805.

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From:: Stock Market News

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