US stocks opened lower on Wednesday after hotter-than-expected inflation data strengthened expectations of another Fed rate hike this year. The Dow, S&P 500 and Nasdaq fell at the open as investors awaited Nvidia’s earnings, closely watched for fresh clues on AI demand and the broader tech rally.
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.