Stocks were flat to slightly higher at the opening bell on Tuesday after Federal Reserve Chairman Jerome Powell released his written remarks ahead of Congressional testimony this morning. The S&P 500 was up by 2 points at 2,781. The Dow Jones Industrial Average advanced 14 points to 25,723. The Nasdaq Composite Index was down by 2 points to 7,420. Powell said he wanted to strike a balance between preventing the economy from overheating while adjusting monetary policy to hit the 2% inflation target.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
From:: Stock Market News