US stock indices plummeted at the open this Friday, as consumer prices rose more than expected in May, dashing hopes that the inflation is peaking and fueling concerns about more aggressive action by the Federal Reserve to control it.
At the opening, the index dow jones it fell 219.27 points, or 0.68%, to 32,053.52 units; the index S&P 500 it lost 43.43 points, or 1.08%, to 3,974.39; and the Nasdaq Composite it subtracted 210.34 points, or 1.79%, to settle at 11,543.88 units.
Subsequently, the indices extended their losses, with the Nasdaq losing more than 3 percent.
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