Feb 24 (Reuters) - Wall Street's main indexes opened
sharply lower on Friday as a surge in consumer spending and
inflation in January sparked concerns that the Federal Reserve
will stick to its hawkish stance for longer.
The Dow Jones Industrial Average fell 154.72 points,
or 0.47%, at the open to 32,999.19. The S&P 500 opened
lower by 39.08 points, or 0.97%, at 3,973.24, while the Nasdaq
Composite dropped 186.22 points, or 1.61%, to 11,404.18
at the opening bell.
(Reporting by Johann M Cherian in Bengaluru; Editing by Sriraj
Kalluvila)
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