By (Reuters) – Wall Street’s main indexes slipped on Tuesday ahead of the first of multiple job reports this week, a day after Federal Reserve Chair Jerome Powell pushed back against market expectations for outsized interest rate cuts.
The Dow Jones Industrial Average fell 67.2 points, or 0.16%, at the open to 42262.97. The S&P 500 fell 4.7 points, or 0.08%, at the open to 5757.73, while the Nasdaq Composite dropped 34.2 points, or 0.19%, to 18154.939 at the opening bell.
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