Wall Street opens in downside as tech stocks go down

The major Wall Street indices opened on Wednesday in lower as the rally in tech stocks eased, while rising oil prices fueled fears of further global inflation rising.

The Dow Jones Industrial Average fell 93.07 points in opening, or 0.28%, at 33,087.07 points, according to Reuters.

The Standard & Poor’s 500 index opened in fall of 13.56 points, or 0.33%, to 4147.12 points. The Nasdaq Composite Index fell 27.95 points, or 0.23%, to 12,147.28 points.

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