financetom
Market
financetom
/
Market
/
US STOCKS SNAPSHOT-Wall St opens lower with Powell's testimony on tap
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
US STOCKS SNAPSHOT-Wall St opens lower with Powell's testimony on tap
Feb 11, 2025 7:06 AM

Feb 11 (Reuters) - Wall Street's main indexes opened

lower on Tuesday, as investors awaited a testimony from Federal

Reserve Chair Jerome Powell for insight on tariffs and their

impact on inflation in the world's biggest economy.

The Dow Jones Industrial Average fell 69.0 points, or

0.16%, at the open to 44,401.38. The S&P 500 fell 17.1

points, or 0.28%, at the open to 6,049.32​, while the Nasdaq

Composite dropped 112.2 points, or 0.57%, to 19,602.112

at the opening bell.

(Reporting by Shashwat Chauhan in Bengaluru; Editing by Devika

Syamnath)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Sector Update: Consumer Stocks Decline in Late Afternoon Trading
Sector Update: Consumer Stocks Decline in Late Afternoon Trading
Oct 29, 2024
03:56 PM EDT, 10/29/2024 (MT Newswires) -- Consumer stocks fell in late Tuesday afternoon with the Consumer Staples Select Sector SPDR Fund (XLP) shedding 0.7% and the Consumer Discretionary Select Sector SPDR Fund (XLY) down 0.4%. Redbook US same-store sales last week rose 5.6% from a year earlier after a 4.6% gain in the previous week. In corporate news, JetBlue...
TSX Closer: The Market Closes With a Small Loss as Report Encourages U.S. Investors to Consider the TSX
TSX Closer: The Market Closes With a Small Loss as Report Encourages U.S. Investors to Consider the TSX
Oct 29, 2024
04:17 PM EDT, 10/29/2024 (MT Newswires) -- The Toronto Stock Exchange slipped lower on Tuesday, pushed down by weakening oil prices even as a report touted the its index as one of North America's top performers. The S&P/TSX Composite Index closed down 3.11 points to close at 24,562.55. Telecoms, down 1.1% and Utilities, down 1.77%, were the session's biggest decliners...
US STOCKS-Futures tread water amid earnings deluge, megacaps in focus
US STOCKS-Futures tread water amid earnings deluge, megacaps in focus
Oct 29, 2024
(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window) * Alphabet up ahead of earnings after the bell * Ford falls, Pfizer ( PFE ) rises after earnings * JOLTS job data on tap * Futures: Dow down 0.19%, S&P 500 down 0.07%, Nasdaq up 0.01% (Updated at 7:05...
Equity Markets Mixed Ahead of Alphabet Earnings
Equity Markets Mixed Ahead of Alphabet Earnings
Oct 29, 2024
02:22 PM EDT, 10/29/2024 (MT Newswires) -- US benchmark equity indexes were mixed intraday as traders weighed the latest batch of corporate earnings and awaited Alphabet's (GOOG, GOOGL) results. The Nasdaq Composite was up 0.8% at 18,710.3 after midday Tuesday, while the S&P 500 rose 0.3% to 5,839. The Dow Jones Industrial Average fell 0.2% to 42,299.1. Among sectors, communication...
Copyright 2023-2026 - www.financetom.com All Rights Reserved