Wall Street opens lower as high-stakes Iran, inflation tests loom

[NEW YORK] Wall Street’s main indexes opened lower on Monday (Aug 24) as investors weighed the US pledge of an “economic D-Day” against Iran while awaiting AI giant Nvidia’s quarterly results and a closely watched inflation report later this week.

The Dow Jones Industrial Average fell 15.1 points, or 0.03 per cent, to 53,261.95 at the open.

The S&P 500 fell 11.0 points, or 0.14 per cent, to 7,663.38​, while the Nasdaq Composite dropped 115.1 points, or 0.44 per cent, to 26,065.32. REUTERS