Wall St opens lower on inflation concerns; Fed speakers in focus

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Traders work on the floor of the NYSE in New York

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., July 19, 2023. REUTERS/Brendan McDermid/File Photo Acquire Licensing Rights

Sept 7 (Reuters) - Wall Street's main indexes fell at open on Thursday as weaker-than-expected jobless claims data added to concerns about sticky inflation, while investors awaited comments from key Federal Reserve officials later in the day.

The Dow Jones Industrial Average (.DJI) fell 92.01 points, or 0.27%, at the open to 34,351.18.

The S&P 500 (.SPX) opened lower by 30.93 points, or 0.69%, at 4,434.55, while the Nasdaq Composite (.IXIC) dropped 197.37 points, or 1.42%, to 13,675.11 at the opening bell.

Reporting by Shristi Achar A in Bengaluru Editing by Vinay Dwivedi

Our Standards: The Thomson Reuters Trust Principles.

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