Finance4h ago
US stocks today: US stocks open lower after hotter-than-expected producer inflation data
US stocks opened lower on Thursday after August producer prices strengthened expectations of a possible Federal Reserve rate hike this month. The Dow, S&P 500 and Nasdaq fell at the open, while escalating Middle East tensions pushed oil prices above $100 a barrel, adding to inflation and market concerns.
This story was originally reported by Economic Times โ Markets. As an automated real-time news aggregator, NewsToolBar provides multi-perspective indexing and AI summarization while directing full readership directly to primary publisher sources.
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