US Stocks Edge Higher as Dow Gains 0.24% Ahead of CPI, Fed Minutes
Updated
Updated · bitcoinworld.co.in · Aug 11
US Stocks Edge Higher as Dow Gains 0.24% Ahead of CPI, Fed Minutes
3 articles · Updated · bitcoinworld.co.in · Aug 11
Summary
Wall Street opened modestly higher Tuesday, with the Dow up 0.24%, the S&P 500 rising 0.10% and the Nasdaq adding 0.11% in early trading.
Technology and consumer discretionary shares led the advance, while investors weighed fresh corporate earnings and waited for major retailer and tech results later in the session.
The muted gains reflected caution ahead of this week’s consumer price index report and Federal Reserve meeting minutes, both seen as key signals on inflation and rate policy.
The 10-year Treasury yield held near 4.2%, while mixed trading in Europe and slight declines in Asia underscored a balanced global backdrop for U.S. equities.