Wall St shares - Lower in early trade amid rate hike concerns

Share prices were lower in early trade, after stronger than-expected inflation and labor data intensified the market's concerns that the Federal Reserve is poised to raise rates soon, dealers said.

At 10.21 am the DJIA June futures contract was down 51.27 at 10,450.30, the S&P 500 down 4.35 at 1,147.50, and the Nasdaq composite down 0.20 at 1,832.67.