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Wednesday, January 26, 2022
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Wall St muted at open ahead of Powell testimony

Wall Street’s main indexes were subdued at the open on Tuesday (January 11) 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%, at the open to 36,058.85.

The S&P 500 opened lower by 1.15 points, or 0.02%, at 4,669.14, while the Nasdaq Composite dropped 23.57 points, or 0.16%, to 14,919.26 at the opening bell..

(Production: Soren Larson, Shreyashi Sanyal)

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