Traders work on the trading floor at the New York Stock Exchange (NYSE) in Manhattan, New York City, U.S., August 8, 2022. REUTERS/Andrew Kelly
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Aug 9 (Reuters) – Wall Street’s main indexes slipped at the open on Tuesday as a dismal forecast from Micron Technology dragged chip stocks lower, while investors remained cautious ahead of inflation data that will feed into the U.S. Federal Reserve’s rate-hike plans.
The Dow Jones Industrial Average (.DJI) fell 25.18 points, or 0.08%, at the open to 32,807.36.
The S&P 500 (.SPX) opened lower by 6.95 points, or 0.17%, at 4,133.11, while the Nasdaq Composite (.IXIC) dropped 86.97 points, or 0.69%, to 12,557.49 at the opening bell.
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Reporting by Bansari Mayur Kamdar in Bengaluru; Editing by Arun Koyyur
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