Wednesday, July 28, 2021
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Wall St subdued at open ahead of Powell testimony

Wall Street’s major averages were muted at open on Tuesday (June 22) 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 4.4 points, or 0.01%, at the open to 33872.56. The S&P 500 fell 0.2 points, or 0.00%, at the open to 4224.61, while the Nasdaq Composite dropped 3.2 points, or 0.02%, to 14138.29 at the opening bell..

(Production: Soren Larson)

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