Wall Street's main indexes dropped at the open on Wednesday, as a hotter-than-anticipated inflation reading added to concerns that the Federal Reserve would not cut interest rates anytime soon.

The Dow Jones Industrial Average fell 236.0 points, or 0.53 percent, at the open to 44357.7. The S&P 500 fell 43.4 points, or 0.72 percent, at the open to 6025.08 , while the Nasdaq Composite dropped 207.3 points, or 1.06 percent, to 19436.511 at the opening bell.

REUTERS