financetom
Market
financetom
/
Market
/
US STOCKS SNAPSHOT-Wall St opens muted after hot PPI keeps smaller rate cut in view
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
US STOCKS SNAPSHOT-Wall St opens muted after hot PPI keeps smaller rate cut in view
Sep 12, 2024 9:58 AM

Sept 12 (Reuters) - Wall Street's main indexes were

subdued at the open on Thursday as a hot producer prices reading

kept a smaller 25-basis point interest rate cut by the Federal

Reserve firmly on the table.

The Dow Jones Industrial Average fell 0.4 point at

the open to 40862.11. The S&P 500 rose 3.3 points, or

0.06%, at the open to 5557.48​, while the Nasdaq Composite

rose 18.4 points, or 0.11%, to 17413.889, at the opening

bell.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Copyright 2023-2026 - www.financetom.com All Rights Reserved