US stocks today: US stocks open lower after hotter-than-expected producer inflation data

US stocks opened lower on Thursday after August producer prices strengthened expectations of a possible Federal Reserve rate hike this month. The Dow, S&P 500 and Nasdaq fell at the open, while escalating Middle East tensions pushed oil prices above $100 a barrel, adding to inflation and market concerns.
Read more at the source

Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and credits belong to the original authors and publishers.