Wall St kicks off week on dour note; Tesla climbs By Reuters

⚠️BREAKING: *DOW TUMBLES MORE 300 POINTS AS WALL ST KICKS OFF WEEK LOWER ON HAWKISH FED WORRIES $DIA $SPY $QQQ $IWM $VIX 🇺🇸🇺🇸

-Wall Street's main indexes fell on Tuesday with investors wary of big bets ahead of remarks by Federal Reserve Chairman Jerome Powell before U.S. Congress, while Tesla climbed after Rivian agreed to adopt its charging standard.

"Investors are taking a pause and are waiting to see if he continues with hawkish comments like he did at the prior Federal Reserve meeting," said Chris Zaccarelli, chief investment officer for Independent Advisor Alliance. U.S. single-family homebuilding surged in May to its highest in more than a year and permits issued for future construction also climbed, adding to angst about monetary tightening.

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