US stocks opened in a relatively muted fashion on Tuesday, following a record-breaking performance the previous day, which saw both the S&P 500 and the Nasdaq indices reach new closing highs.
The market’s attention has now decisively shifted towards a series of Federal Reserve speakers who are due to provide fresh indications regarding the future direction of monetary policy. Investors are closely awaiting these statements for cues on interest rates and the overall economic outlook.
At the open, the Dow Jones Industrial Average rose 5.9 points, or 0.01%, to 46,700.9. The S&P 500 rose 5.9 points, or 0.09%, to 6,746.14, while the Nasdaq Composite rose 30.7 points, or 0.13%, to 22,972.369.
