Major stocks on Wall Street decreased before the opening bell on Wednesday, following the latest report on the US inflation which revealed an 8.3% increase in April when compared to the same period last year, while reducing its figures from March.
The Dow Jones dropped by 0.52% or 160 points at 8:41 am ET, while the Nasdaq 100 and the S&P 500 fell by 0.89% and 0.63% respectively at the same time.
The euro was flat lower against the dollar, going for $1.05266 at 8:43 am ET.