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Mumbai, Aug 26: Wall Street’s major indices opened lower on Wednesday after hotter-than-expected inflation data reinforced expectations of another quarter-point Federal Reserve rate hike this year, as investors awaited quarterly results from AI chip leader Nvidia. The Nasdaq Composite declined 37.81 points, or 0.14%, to 26,113.49, while the S&P 500 slipped 0.04% and the Dow Jones Industrial Average edged up 0.03% in early […]
Nasdaq Slips 0.14% to 26,113.49 as Sticky PCE Inflation Data Fuels Fed Rate-Hike Bets Ahead of Nvidia Earnings
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