SNAPSHOT S&P 500, Nasdaq open higher after selloff, inflation worries weigh

The S&P 500 and the Nasdaq rose at the open on Wednesday, but the gains were capped by worries around the rising chances of more jumbo-sized rate hikes following a higher-than-expected rise in producer prices in September.

The Dow Jones Industrial Average (.DJI) fell 6.1 points, or 0.02%, at the open to 29,233.06. The S&P 500 (.SPX) rose 2.0 points, or 0.06%, at the open to 3,590.83​, while the Nasdaq Composite (.IXIC) rose 10.8 points, or 0.10%, to 10,436.996 at the opening bell.

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