(Reuters) – The New York Stock Exchange opened slightly on Tuesday, investors awaiting comments from several federal reserve managers (Fed) throughout the day to assess the health of the US bond market and the impact of President Donald Trump’s policies.

In the first exchanges, the Dow Jones index loses 29.58 points, or 0.07% to 42,762.49 points and the Standard & Poor’s 500, wider, drops from 0.29% to 5,946.22 points.

The Nasdaq Composite cedes 0.39%, or 74.80 points, to 19,140.66 points.

Investors are adopting a cautious attitude after Moody’s lowered the United States credit note last week, and while the tax on tax reductions decided by President Donald Trump will constitute a new test for the bond.

The decision of the rating agency, which considers that the indebtedness and interest paid by the country are significantly higher than other sovereign debts benefiting from a similar note, has raised bond yields on Monday and, although volatility has diminished on Tuesday, the question remains in the line of markets.

At least seven Fed officials should be expressed later in the day and their remarks will be followed closely in the context of the trade war that Washington conducted against his main partners and discussions on the budgetary reductions wanted by the White House.

A bill on tax reductions was approved on Sunday by a key congress commission and President Donald Trump is scheduled to go to the Capitol on Tuesday to encourage Republicans to resolve their differences on the scale of the measures.

At the values, the American DIY specialist Home Depot won 0.96% in the first exchanges after having reported on Tuesday higher sales in the first quarter.

Amer Sports fly by 18% after having noted its turnover prospects for 2025.

(Written by Diana Mandiá, edited by Kate Entringer)

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