US lower premarket after inflation data - Breaking The News
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US lower premarket after inflation data

EPA-EFE/JUSTIN LANE

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.

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