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US STOCKS SNAPSHOT-Wall Street mixed after PPI data; Tesla weighs on Nasdaq
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US STOCKS SNAPSHOT-Wall Street mixed after PPI data; Tesla weighs on Nasdaq
Oct 11, 2024 6:54 AM

Oct 11 (Reuters) - U.S. stock indexes were mixed at the

open on Friday, as traders kept bets on a 25-basis-point Federal

Reserve rate cut in November intact after producer prices data,

while a slump in Tesla shares dragged on the Nasdaq.

The Dow Jones Industrial Average rose 53.4 points, or

0.13%, at the open to 42,507.53. The S&P 500 fell 5.0

points, or 0.09%, at the open to 5,775.09​, while the Nasdaq

Composite dropped 64.3 points, or 0.35%, to 18,217.734

at the opening bell.

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