Wall Street’s main indexes were largely unchanged at the open on Tuesday as investors awaited cues from the Federal Reserve this week about whether a recent jump in inflation would prompt a sooner-than-expected tapering in monetary policy.
The Dow Jones Industrial Average fell 123.35 points, or 0.26%, at the open to 34,270.07, the S&P 500 opened lower by 4.99 points, or 0.12%, at 4,250.16, while the Nasdaq Composite dropped 10.51 points, or 0.07%, to 14,163.34 at the opening bell.
