Mixed Open for Wall Street Amid Interest Rate Speculations

Wall Street's primary indexes exhibited subdued performance at Thursday's open. The producer prices reading suggested a potential 25-basis point interest rate cut by the Federal Reserve. The Dow Jones fell slightly, while the S&P 500 and Nasdaq showed modest gains.

Wall Street's main indexes opened with mixed results on Thursday, influenced by a hot producer prices reading that suggested a 25-basis point interest rate cut by the Federal Reserve might still be a possibility.

The Dow Jones Industrial Average saw a minor dip of 0.4 points, falling to 40862.11 at the open.

Meanwhile, the S&P 500 showed a slight increase of 3.3 points, or 0.06%, rising to 5557.48. The Nasdaq Composite also experienced a modest gain of 18.4 points, or 0.11%, climbing to 17413.889 at the opening bell.

(With inputs from agencies.)