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Energy stocks help Wall Street rein in losses; consumer shares weigh

Reuters 

By Sruthi Shankar(Reuters) - The S&P and Dow clawed back earlier losses to trade little change on Thursday morning, helped by a jump in energy stocks as oil prices jumped, but the Nasdaq was kept lower by a drop in consumer discretionary shares.U.S. stocks opened lower after a Labor Department report showed consumer prices rose more than expected in August, boosting the odds of another interest rate hike this year.The consumer price index's (CPI) 0.4 percent gain last month was its biggest in seven months and is the last major economic data to be released ahead of the Federal Reserve's Sept. ...

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First Published: Thu, September 14 2017. 23:26 IST
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