U.S. stocks open lower as investors await Powell remarks

U.S. stocks opened mostly lower on Tuesday as investors wait to hear from Fed Chairman Jerome Powell, who will speak at the Economic Club of Washington D.C. in the afternoon. The S&P 500
SPX,
-0.16%
fell by 10 points, or 0.3%, to 4,101. The Nasdaq Composite
COMP,
+0.09%
was flat at 11,880. The Dow Jones Industrial Average
DJIA,
-0.35%
was off 170 points, or 0.5%, at 33,734. U.S. stocks have been trending lower since Friday’s blockbuster jobs report, which revived doubts about whether the Fed has done enough to quell inflation.