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SNAPSHOT Wall Street opens flat ahead of Powell speech

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2022-11-30T14:35:50Z

U.S. stock indexes opened flat on Wednesday ahead of comments from Federal Reserve Chair Jerome Powell that will be closely watched for signs of a slowdown in the pace of interest rate hikes by the central bank.

The S&P 500 (.SPX) opened lower by 0.45 points, or 0.01%, at 3,957.18, while the Nasdaq Composite (.IXIC) gained 11.42 points, or 0.10%, to 10,995.20 at the opening bell.

The Dow Jones Industrial Average (.DJI) fell 57.10 points, or 0.17%, at the open to 33,795.43.

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Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., November 22, 2022. REUTERS/Brendan McDermid

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., November 29, 2022. REUTERS/Brendan McDermid
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