Wall Street muted at open ahead of Powell testimony

Wall Street muted at open ahead of Powell testimony
Reuters
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Synopsis

The Dow Jones Industrial Average fell 10.02 points, or 0.03 per cent, at the open to 36,058.85.

Agencies
Wall Street's main indexes were subdued at the open on Tuesday ahead of Federal Reserve Chair Jerome Powell's testimony that may offer fresh insight on policy tightening and the central bank's plans to tackle inflation.

The Dow Jones Industrial Average fell 10.02 points, or 0.03 per cent, at the open to 36,058.85.

The S&P 500 opened lower by 1.15 points, or 0.02 per cent, at 4,669.14, while the Nasdaq Composite dropped 23.57 points, or 0.16 per cent, to 14,919.26 at the opening bell.

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