Wall Street ekes out gains at open after inflation data

FILE Impression: Traders complete on the flooring at the create-up the spot Boeing is traded at the New York Inventory Trade (NYSE) in New York, U.S., March 11, 2019. REUTERS/Brendan McDermid

(Reuters) – The S&P 500 and Nasdaq eked out gains at open on Monday as February’s benign inflation details supported the Federal Reserve’s “patient” tactic in the path of even extra degree hikes, even though a next working day of losses in Boeing pressured the Dow.

The Dow Jones Industrial Regular fell fifty.58 details, or .20 p.c, at the open to 25,600.30.

The S&P 500 opened greater by 4.04 details, or .15 p.c, at two,787.34. The Nasdaq Composite received 13.79 details, or .18 p.c, to seven,571.85 at the opening bell.

Reporting by Medha Singh in Bengaluru

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