Wall St opens lower as surging consumer prices fan inflation fears

By Kitco News / November 10, 2021 / www.kitco.com / Article Link

Nov 10 (Reuters) - Wall Street's main indexes opened lower on Wednesday as a surge in U.S. consumer prices last month deepened fears that high inflation is here to stay.

The Dow Jones Industrial Average fell 20.73 points, or 0.06%, at the open to 36,299.25.

The S&P 500 opened lower by 14.99 points, or 0.32%, at 4,670.26, while the Nasdaq Composite dropped 132.70 points, or 0.84%, to 15,753.84 at the opening bell.

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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