Wall Street lower as investors mull housing data

Wall Street opened lower on Tuesday as a report showing a sharp fall in new housing starts offset lower-than-expected inflation data.

By mid-morning, the S&P 500 (news) was down 0.1 per cent or 0.96 points at 1,320.22, while the Nasdaq Composite (NASDAQ: news) was flat, down 0.71 points at 2,235.04.

The Dow Jones Industrial Average dropped 0.2 per cent or 17.53 points to 11,537.47.
Source FT.com on Yahoo! Finance