Major indexes were slightly lower Thursday morning after a couple of lackluster days for the U.S. stock market that followed a big post-election rally, as investors await comments this afternoon from Federal Reserve Chair Jerome Powell.

U.S. stocks are drifting Thursday as the market's big burst following Donald Trump's election continues to cool.

Shares have opened higher in Europe after mostly falling in Asia following a report showing inflation in the U.S. was roughly as expected last month