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S&P 500, Nasdaq Open Higher After Selloff, Inflation Worries Weigh

Started by Epoch-Times-Bot, Oct 12, 2022, 09:15 AM

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Epoch-Times-Bot

Oct 12, 2022, 09:15 AM
S&P 500, Nasdaq Open Higher After Selloff, Inflation Worries Weigh

The S&P 500 and the Nasdaq rose at the open on Wednesday, but the gains were capped by worries around the rising chances of more jumbo-sized rate hikes following a higher-than-expected rise in producer prices in September.
The Dow Jones Industrial Average fell 6.1 points, or 0.02 percent, at the open to 29,233.06. The S&P 500 rose 2.0 points, or 0.06 percent, at the open to 3,590.83�, while the Nasdaq Composite rose 10.8 points, or 0.10 percent, to 10,436.996 at the opening bell.
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Source: S&P 500, Nasdaq Open Higher After Selloff, Inflation Worries Weigh

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