S&P 500, Dow set for muted open as JPMorgan, inflation data weigh

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Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., April 4, 2022. REUTERS/Brendan McDermid/File Photo

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April 13 (Reuters) – U.S. main indexes were subdued at the open on Wednesday, with the S&P and the Dow edging lower, as JPMorgan shares dropped after reporting a slump in quarterly profit, while fresh data highlighted growing inflationary pressures.

The Dow Jones Industrial Average (.DJI) fell 53.7 points, or 0.16%, at the open to 34166.64.

The S&P 500 (.SPX) fell 3.1 points, or 0.07%, at the open to 4394.3​, while the Nasdaq Composite (.IXIC) rose 1.5 points, or 0.01%, to 13373.116 at the opening bell.

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Reporting by Praveen Paramasivam in Bengaluru; Editing by Shounak Dasgupta

Our Standards: The Thomson Reuters Trust Principles.