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