Nasdaq rises, Dow falls following August inflation data

The Nasdaq Composite (^IXIC) opens Wednesday's session higher while the S&P 500 (^GSPC) and Dow Jones Industrial Average (^DJI) indexes dip after August's Consumer Price Index (CPI) print came largely in-line with inflation forecasts.

The Morning Brief's Brad Smith breaks down the morning's market moves.

For more expert insight and the latest market action, click here to watch this full episode of Morning Brief.

This post was written by Luke Carberry Mogan.

Transcripción del vídeo

All right.

Here you're seeing a live shot of the New York Stock Exchange That is the opening bell, and you've got 911 or ringing the opening bell at the NYSC.

And at the NASDAQ.

You've also got a shot of the opening bell ringers.

Tuesday's Children ringing the opening bell there.

That was the opening bell here in the US and taking a look at where trading commences here on the day we've got a look at the Dow Jones industrial average is, of course, a big economic data.

Points day with CP I.

We brought you special coverage here, and they came in line lead year over year with estimates, uh, slight rise that we had seen versus the expectations on the month of month core.

But all things considered, you're seeing some fractional market activity.

The Dow Jones industrial average right now down by about half a percent.

Let's give you a chart to look at a fancy chart here on the day.

Actually, let me go back here and just populate this chart, and we'll give you a week long view just to see how things have been shaping up over the course of this week.

So it still net positive over the past three days here.

Um, but ultimately, as of right now, we're seeing a move to the downside out of the gate for the Dow Jones industrial average.

Now, is that that that's up fractionally by about 1/10 of a percent.

We'll see if we can hold on to those gains.

And then the S and P 500 out of the gate.

Right now, it is down by about 2/10 of a percent.

And then just lastly, let's load you up with some heat maps as you begin your trading session here.

I heard you like colours, so we've got plenty of them here.

Uh, as long as we can toggle over, there seems we can't.

So we'll keep a close eye on those 11 S and P 500 sectors as we move on throughout the rest of today's trading activity