Market Jitters: Inflation Fears Trigger Wall Street Dip

Wall Street opened lower due to rising inflation concerns, sparked by unexpected data and potential effects of tariff policies. All major indexes, including the Dow, S&P 500, and Nasdaq, experienced notable declines at the start of the trading session, reflecting investor apprehension.

Wall Street's major indexes saw a dip at the opening of trade on Friday, as new data revealed that underlying price pressures exceeded forecasts for the previous month. This development heightened worries about inflation potential, especially in the context of the Trump administration's tariff strategies.

At the bell, the Dow Jones Industrial Average decreased by 53.9 points, marking a 0.13% drop, settling at 42,245.82. Meanwhile, the S&P 500 reported a decline of 14.1 points or 0.25%, starting the day at 5,679.2.

The Nasdaq Composite similarly felt the pressure, opening with a decrease of 81.9 points, a 0.46% slide, to 17,722.087. These market movements underscore the influence of economic policy and inflation forecasts on investor sentiment.

(With inputs from agencies.)