Wall Street’s main indexes opened lower on Wednesday as Federal Reserve Chair Jerome Powell remained firm in bringing inflation back to 2 percent target, spurring worries of more monetary tightening.

The Dow Jones Industrial Average fell 63.31 points, or 0.19 percent, at the open to 33,990.56. The S&amp;P 500 opened lower by 8.70 points, or 0.20 percent, at 4,380.01, while the Nasdaq Composite dropped 46.43 points, or 0.34 percent, to 13,620.87 at the opening bell.

Wall Street's main indexes opened lower on Wednesday as Federal Reserve Chair Jerome Powell remained firm in bringing ...{ai:summary}<p>Wall Street indexes opened lower as Federal Reserve Chair Powell stuck to bringing inflation back to 2 percent target, raising concerns over monetary tightening. #economy</p>

Wall Street Opens Lower as Powell Doubles Down on Inflation Fight

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