US: Wall Street muted at open with Powell in spotlight for rate outlook
Wall Street’s main indexes were muted at open on Tuesday (Sep 23) as the recent tech-fuelled rally took a breather, while investors awaited Federal Reserve chair Jerome Powell’s remarks on the economy.
The Dow Jones Industrial Average fell 17.4 points, or 0.04 per cent, at the open to 46,364.11.
The S&P 500 fell 1.3 points, or 0.02 per cent, to 6,692.44, while the Nasdaq Composite dropped 6.3 points, or 0.03 per cent, to 22,782.718. REUTERS
Originally published by businesstimes.com.sg. Syndicated material does not necessarily reflect the views of Grazia British.
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