US STOCKS SNAPSHOT-Wall St opens higher on easing bond yields; inflation data on tap

Reuters

Updated: 09-04-2024 19:04 IST | Created: 09-04-2024 19:04 IST

Wall Street's main indexes opened higher on Tuesday supported by retreating Treasury yields, while investors awaited a key inflation print later in the week that could help shape the Federal Reserve's stance on rate cuts this year.

The Dow Jones Industrial Average rose 90.9 points, or 0.23%, at the open to 38983.66. The S&P 500 rose 14.6 points, or 0.28%, at the open to 5217.03​, while the Nasdaq Composite rose 74.8 points, or 0.46%, to 16328.756 at the opening bell.

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