Wall Street Sees Muted Open as JPMorgan, Inflation Data Weigh

April 13, 2022Updated: April 13, 2022

U.S. main indexes were subdued at the open on Wednesday, with the S&P and the Dow edging lower, as JPMorgan shares dropped after reporting a slump in quarterly profit, while fresh data highlighted growing inflationary pressures.

The Dow Jones Industrial Average fell 53.7 points, or 0.16 percent, at the open to 34166.64.

The S&P 500 fell 3.1 points, or 0.07 percent, at the open to 4394.3​, while the Nasdaq Composite rose 1.5 points, or 0.01 percent, to 13373.116 at the opening bell.

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