Major United States stock markets opened mostly lower on Tuesday as investors assessed the latest consumer price index report, which showed that US annual inflation growth fell to 3.1% in November from 3.2% reported in October. Investors seem to be shrugging when it comes to weighing where to direct cash flow as the Federal Reserve's next monetary policy decision is expected on Wednesday.
The Dow Jones opened 0.11% higher, with McDonald’s Corp. increasing by 1.27%. The Nasdaq 100 fell 0.06% with Lucid Group plunging 6.18%. The S&P 500 lost 0.11% at the opening bell as Moderna led the losing list declining by 6.60%.
The euro climbed 1.18% against the dollar at 9:29 am ET, selling for $1.07838.