US: Wall St muted at open ahead of Powell testimony

[NEW YORK] 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.

REUTERS