Wall Street opens sharply lower after hot inflation data By Reuters

(Reuters) – Wall Street’s main indexes opened sharply lower on Thursday, with the Nasdaq leading the losses, after data showed a bigger-than-expected rise in consumer prices last month, giving more ammunition to the Federal Reserve to stick to aggressive rate hikes.

The fell 455.0 points, or 1.56%, at the open to 28755.83. The fell 56.7 points, or 1.58%, at the open to 3520.37​, while the dropped 285.3 points, or 2.74%, to 10131.816 at the opening bell.