Wall Street opens lower as investors assess earnings, data

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., April 28, 2016. REUTERS/Brendan McDermidMoreBy Tanya Agrawal
REUTERS – Wall Street opened lower as investors assessed earnings and data showed that U.S. inflation barely rose in March as consumer spending remains tepid.
The Commerce Department said the personal consumption expenditures price index, excluding the volatile food and energy components, edged up 0.1 percent last month after an upwardly revis