FED Meeting Live | Dow Jones | US Stock Market Live: US stock futures dip on producer inflation data; Fed rate decision and outlook in focus

Wall Street’s main indexes opened lower on Wednesday after data showed producer prices ‌rose ⁠more than ⁠expected in February, prompting investors to price out any expectations for an interest rate ⁠cut by ‌the Federal Reserve this year.

The ⁠Dow Jones Industrial Average fell 79.3 points, or 0.17%, at the open to 46,913.93. The S&P 500 ‌fell 18.9 points, or 0.28%, to 6,697.16, ⁠while the Nasdaq Composite dropped 57.6 points, or 0.26%, to 22,421.962. Read More