Wednesday February 14, 2018
10:41 PM GMT+8

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US stocks fell half a per cent at the open today, following three days of gains. — Reuters pic US stocks fell half a per cent at the open today, following three days of gains. — Reuters pic NEW YORK, Feb 14 — US stocks fell half a per cent at the open today, following three days of gains, after data showed core inflation posted its biggest gain in a year in January, stoking fears of faster-than-expected increases in interest rates.

The Dow Jones Industrial Average fell 103.85 points, or 0.42 per cent, to 24,536.6. The S&P 500 lost 11.22 points, or 0.421339 per cent, to 2,651.72. The Nasdaq Composite dropped 31.37 points, or 0.45 per cent, to 6,982.14.

US stock futures had fallen by more than 1 per cent after the data was released. Futures were higher ahead of the data. — Reuters

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