Wall Street’s main indexes opened lower on Friday as resilient core inflation in August stoked fears of more big-sized interest-rate hikes denting a rebound in consumer spending.
The Dow Jones Industrial Average fell 102.58 points, or 0.35 percent, at the open to 29,123.03. The S&P 500 opened lower by 6.99 points, or 0.19 percent, at 3,633.48, while the Nasdaq Composite dropped 39.80 points, or 0.37 percent, to 10,697.71 at the opening bell.
