NEW YORK, Nov. 26 (Xinhua) -- U.S. stocks opened with minor losses on Tuesday following Monday's all-time closing highs, as investors digested the latest speech by the U.S. Federal Reserve chair.

Shortly after the opening bell, the Dow Jones Industrial Average dipped 15.06 points, or 0.05 percent, to 28,051.41. The S&P 500 was down 1.66 points, or 0.05 percent, to 3,131.98. The Nasdaq Composite Index decreased 1.20 points, or 0.01 percent, to 8,631.29.

Ten of the 11 primary S&P 500 sectors traded on an upbeat note, with information technology rising over 1.4 percent shortly after the opening, outperforming the rest.

Shares of Best Buy rose nearly 4.6 percent, after the company posted better-than-expected earnings for the third quarter. The electronics retailer also lifted its earnings guidance for 2019.

Fed chairman Jerome Powell said on Monday evening that the U.S. monetary policy is now "well positioned" to support a robust labor market and "return inflation decisively" to the Fed's 2 percent target.

"At this point in the long expansion, I see the glass as much more than half full. With the right policies, we can fill it further," he said at the Greater Providence Chamber of Commerce.

U.S. stocks wrapped up Monday on an encouraging note, with the three major indexes hitting record highs, as Wall Street remained hopeful for the development of U.S.-China trade scenarios.

The Dow Jones Industrial Average increased 190.85 points, or 0.68 percent, to 28,066.47. The S&P 500 rallied 23.35 points, or 0.75 percent, to 3,133.64. The Nasdaq Composite Index climbed 112.60 points, or 1.32 percent, to 8,632.49. Enditem

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