US: Wall Street opens lower after inflation data; tariff concerns weigh

[NEW YORK] Wall Street’s main stock indexes opened lower on Friday (Aug 29) after an in-line inflation report kept in place bets for a September interest rate cut, but stoked concerns of tariffs feeding into prices.

The Dow Jones Industrial Average fell 45.9 points, or 0.10 per cent, at the open to 45,590.96.

The S&P 500 fell 12.6 points, or 0.19 per cent, at the open to 6,489.28​, while the Nasdaq Composite dropped 74.8 points, or 0.34 per cent, to 21,630.326 at the opening bell. REUTERS