Wall St opens lower as yields rise ahead of Powell speech

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Wall St opens lower as yields rise ahead of Powell speech
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The 10-year Treasury yield regained 2007 highs, while investors awaited comments from Federal Reserve Chair Jerome Powell.

Traders work on the floor of the New York Stock Exchange in New York City, U.S., September 28, 2023.

Brendan McDermid/File PhotoOct 2 - Wall Street's main indexes opened lower on Monday as the 10-year Treasury yield regained 2007 highs, while investors awaited comments from Federal Reserve Chair Jerome Powell and more data this week to gauge the central bank's interest-rate path.

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