US stocks opened lower on Thursday after August producer prices strengthened expectations of a possible Federal Reserve rate hike this month. The Dow, S&P 500 and Nasdaq fell at the open, while escalating Middle East tensions pushed oil prices above $100 a barrel, adding to inflation and market concerns.

Wall Street opened mixed on September 8 as renewed Middle East hostilities pushed oil prices to their highest level since late July. The Dow Jones fell while the S&P 500 was…

Stock market today: Dow falls 511 points as oil nears $100, inflation fears rise and US-Iran tensions weigh on Wall Street and global stocks. | Business News