U.S. stock indexes opened lower on Tuesday after data showed consumer prices accelerated in January but the pace of annual increase slowed, likely keeping the Federal Reserve on a path of moderate interest rate hikes.

The Dow Jones Industrial Average fell 51.84 points, or 0.15 percent, at the open to 34,194.09. The S&P 500 opened lower by 10.59 points, or 0.26 percent, at 4,126.70, while the Nasdaq Composite dropped 83.59 points, or 0.70 percent, to 11,808.20 at the opening bell.