U.S. stocks opened mostly lower on Tuesday as investors wait to hear from Fed Chairman Jerome Powell, who will speak at the Economic Club of Washington D.C. in the afternoon. The S&P 500 SPX, -0.18% fell by 10 points, or 0.3%, to 4,101.
The Nasdaq Composite COMP, +0.03% was flat at 11,880. The Dow Jones Industrial Average DJIA, -0.29% was off 170 points, or 0.5%, at 33,734. U.S. stocks have been trending lower since Friday’s blockbuster jobs report, which revived doubts about whether the Fed has done enough to quell inflation.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Waiting for news