US: Wall Street opens lower after inflation data; tariff concerns weigh
Published Fri, Aug 29, 2025 · 09:44 PM
Wall Street’s main stock indexes opened lower on Friday (Aug 29) after an in-line inflation report kept in place bets for a September interest rate cut, but stoked concerns of tariffs feeding into prices.
The Dow Jones Industrial Average fell 45.9 points, or 0.10 per cent, at the open to 45,590.96.
The S&P 500 fell 12.6 points, or 0.19 per cent, at the open to 6,489.28, while the Nasdaq Composite dropped 74.8 points, or 0.34 per cent, to 21,630.326 at the opening bell. REUTERS
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