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Equities

Indexes on both sides of the border were little changed in early trading Tuesday as investors await afternoon testimony by Federal Reserve chair Jerome Powell.

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At 9:30 a.m. ET, the Toronto Stock Exchange’s S&P/TSX composite index was up 15.41 points, or 0.08 per cent, at 20,171.77.

The Dow Jones Industrial Average fell 4.4 points, or 0.01 per cent, at the open to 33872.56. The S&P 500 fell 0.2 points at the open to 4224.61, while the Nasdaq Composite dropped 3.2 points, or 0.02 per cent, to 14138.29 at the opening bell.

Tuesday afternoon, Mr. Powell is due to testify before Congress, addressing the central bank’s response to the pandemic.

“The Fed Chair Jerome Powell will repeat that inflation is transitory and will …