江湖电竞官方手机版

U.S. stocks opened lower as investors turned their attention to remarks by Federal Reserve Chair Jerome Powell at the Cato Institute in Washington. The Dow Jones Industrial Average DJIA, +1.19% was trading down 0.6% soon after the opening bell, while the S&P 500 SPX, +1.53% fell 0.7% and the Nasdaq Composite COMP, +2.11% dropped 0.9%, according to FactSet data, at last check. Powell was set to begin speaking at the Cato Institute at 9:10 a.m. Eastern time. In other central banking news, the European Central Bank on Thursday announced that it was raising interest rates by three-quarters of a percentage point and that more hikes were likely due to high inflation. Meanwhile, jobless claims in the U.S. fell to a three and a half month low during the week ended Sept. 3.