Wall Street’s major averages were muted at open on Tuesday as investors looked to Federal Reserve Chair Jerome Powell’s remarks for clues on how the central bank is balancing inflation risk with its promise to ensure a full jobs market recovery.
The Dow Jones Industrial Average fell 60.26 points, or 0.18 per cent, to 33,816.71 in early deals.
The S&P 500 declined 1.03 point, or 0.02 per cent, to 4,223.76.
The technology stocks-heavy Nasdaq Composite was up 1.00 point at 14,142.48.
