Wall Street opens with downward movements, awaiting US inflation data: How is it trading TODAY?
Wall Street is experiencing moderate declines as investors await US inflation data, with mixed movements reflected in major indices.
Wall Street started the day with moderate declines, largely attributable to investors' cautious stance ahead of the anticipated inflation data set to be released on Friday in the United States. The major indices exhibited varied performance during the initial hours of trading, with the Nasdaq decreasing by 0.36% to 23,982 points, while the S&P 500 fell 0.28% to 6,921 points. The Dow Jones, contrasting with the other indices, showed a slight increase of 0.07%, reaching 50,163 units. This atmosphere of low volatility and cautious trading is mirrored in the VIX index, which climbed moderately by 2.95% during early trading hours, settling at 18.16 points.