Feb 27 (Reuters) - Wall Street's main indexes fell on Tuesday as U.S. bond yields rose after new Fed Chairman Jerome Powell said that data has pointed to a strengthening economy since December, increasing his confidence that inflation would rise.
The Dow Jones Industrial Average fell 32.92 points, or 0.13 percent, to 25,676.35. The S&P 500 lost 7.31 points, or 0.262987 percent, to 2,772.29. The Nasdaq Composite dropped 31.42 points, or 0.42 percent, to 7,390.05.
(Reporting by Sruthi Shankar in Bengaluru; Editing by Anil D'Silva)
Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.