US stocks opened lower on Tuesday after consumer inflation marked its largest increase in 13 years.

The Dow Jones fell 43 points to 34,952 at 9.59 a.m. EDT (1359 GMT). The S&P 500 was down 2 points to 4,381.

The Nasdaq, on the other hand, was up 10 points to 14,743, the day after it hit an all-time high of 14,761.

The dollar index was up 0.3% to 92.50, and the VIX volatility index, known as the fear index, was flat at 16.17.

The yield on 10-year US Treasury notes, however, plummeted 1.1% to 1.348%.

Despite posting a decline on Monday after seven consecutive days of increase, gold was up again by 0.4% at $1,813 per ounce. Silver was down 0.3% to $26.1.

US consumer prices rose 5.4% in June from the same month a year ago, marking its largest 12-month increase since August 2008.

The producer price index (PPI) that will be released Wednesday will give more hints for the Federal Reserve amid rising inflation before a definite answer about an interest rate decision.

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