US stocks opened lower on Wednesday, as investors weighed fresh inflation data and Federal Reserve commentary that reinforced uncertainty over the timing of future rate cuts.
Cautious start for major indices
The Dow Jones Industrial Average fell by around 0.4% in early trading, while the S&P 500 slipped 0.3% and the Nasdaq Composite dropped nearly 0.5%. The declines came after a choppy session on Tuesday, when mixed economic readings left traders divided over whether the Federal Reserve could begin easing monetary policy in the first half of next year.
Inflation remains in focus
Wednesday’s moves followed the release of the latest consumer price data, showing that core inflation remains sticky despite a moderation in energy and housing costs. Analysts said the numbers underscored the Fed’s dilemma — balancing a cooling economy against the risk of cutting rates too soon. Treasury yields edged higher, with the 10-year note hovering near 4.6%, while the dollar strengthened slightly against major currencies.
Sector performance and corporate moves
Tech shares led the early losses, with Apple, Microsoft and Nvidia each trading lower. Energy stocks were mixed as oil prices steadied after two days of declines, while financials saw modest gains on expectations that higher yields could support bank profitability. Earnings reports also played a role: several mid-cap retailers fell sharply after weaker-than-expected quarterly results signalled pressure on consumer spending.
Global backdrop and investor outlook
Wall Street’s cautious tone mirrored trends in Asia and Europe, where markets traded mixed amid signs of slowing global growth. Investors are now awaiting remarks from Fed Chair Jerome Powell later today, hoping for clues about the central bank’s outlook heading into 2026.
Newshub Editorial in North America – 12 November 2025
Recent Comments