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Market Pulse: U.S. stock market opens lower Tuesday as investors watch for Powell hearing

Market Pulse: U.S. stock market opens lower Tuesday as investors watch for Powell hearing

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U.S. stock benchmarks trade little changed to lower Tuesday morning, pausing for breath after the prior session’s intraday reversal as traders weigh rising rates. Markets will be tuned to Jerome Powell’s renomination hearing to continue as chairman of the Federal Reserve, as well as speeches from regional Fed presidents throughout the day, with an eye on Wednesday’s inflation data.

...read full article on Market Watch

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