Wall Street opens flat as investors assess rate hike prospects By Reuters

© Reuters. FILE PHOTO: People are Forex foreign exchange app downloadseen on Wall Street outside the New York Stock Exchange (NYSE) in New York City, U.S., March 19, 2021. REUTERS/Brendan McDermid/File Photo

(Reuters) - Wall Street's main indexes opened flat on Wednesday as investors fretted over early rate hikes by the Federal Reserve after strong retail earnings and data showed an economic recovery was on track.

The Dow Jones Industrial Average rose 17.48 points, or 0.05%, at the open to 36,159.70. The S&P 500 opened higher by 0.60 points, or 0.01%, at 4,701.50, while the Nasdaq Composite dropped 0.24 points to 15,973.62 at the opening bell.

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