Wall St slides on inflation concerns; Nasdaq opened down 1%

Wall Street’s main indexes opened lower on Wednesday after rising oil prices on fears of higher inflation, while a survey showing strong growth in private jobs last month fueled concerns about an too-early easing of monetary stimulus.

The Dow Jones Industrial Average fell 115.71 points, or 0.34%, to open at 34,198.96.

The S&P 500 lost 26.15 points, or 0.60%, to 4,319.57, while the Nasdaq Composite fell 144.38 points, or 1.00%, to 14,289.45.

This story has been published without modification in text from a wire agency feed. Only the title has been changed.

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