US STOCKS SNAPSHOT-Wall Street drops at open after hawkish Bullard remarks

June 18 (Reuters) – Wall Street’s main indexes opened lower
on Friday after Federal Reserve Bank of St. Louis President
James Bullard said inflation was stronger than anticipated and
it would take the Fed several meetings to figure out how to pare
back stimulus.

The Dow Jones Industrial Average fell 200.7 points,
or 0.59%, at the open to 33622.7. The S&P 500 fell 17.1
points, or 0.40%, at the open to 4204.78, while the Nasdaq
Composite dropped 64.4 points, or 0.45%, to 14096.929 at
the opening bell.
(Reporting by Shashank Nayar in Bengaluru; Editing by Maju
Samuel)