Wall St slips at open on Fed, Ukraine jitters By Reuters

February 16, 2022 admin Stock News 0

© Reuters. Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., February 15, 2022. REUTERS/Brendan McDermid

(Reuters) – U.S. stock indexes opened lower on Wednesday after stronger-than-expected retail sales data gave the Federal Reserve more ammunition to tighten policy, while geopolitical tensions over Russian and Ukraine added to caution.

The fell 37.01 points, or 0.11%, at the open to 34,951.83. The opened lower by 15.32 points, or 0.34%, at 4,455.75, while the dropped 100.84 points, or 0.71%, to 14,038.92 at the opening bell.

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