GLOBAL MARKETS-Wall Street shares down on inflation worries

The Dow Jones Industrial Average fell 64.65 points, or 0.19 percent, to 34,814.73; the S&P 500 lost 4.21 points, or 0.09 percent, to 4,489.07 and the Nasdaq Composite dropped 3.20 points, or 0.02 percent, to 15,245.06.

WASHINGTON/LONDON: Wall Street main indexes finished lower on Friday after data showing persistent U.S. inflation offset expectations of an easing in U.S.-China tensions after a call between President Joe Biden and China's Xi Jinping.

U.S. producer prices increased solidly in August, indicating that high inflation is likely to persist for a while, with supply chains remaining tight as the COVID-19 pandemic drags on.