Wall Street opens flat as investors assess rate hike prospects

By Kitco News / November 17, 2021 / www.kitco.com / Article Link

Reuters

Nov 17 (Reuters) - Wall Street's main indexes opened flat on Wednesday as investors fretted over early rate hikes by the Federal Reserve after strong retail earnings and data showed an economic recovery was on track.

The Dow Jones Industrial Average (.DJI) rose 17.48 points, or 0.05%, at the open to 36,159.70.

The S&P 500 (.SPX) opened higher by 0.60 points, or 0.01%, at 4,701.50, while the Nasdaq Composite (.IXIC) dropped 0.24 points to 15,973.62 at the opening bell.

Reporting by Devik Jain in Bengaluru

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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