Markets Steady Amid Inflation Concerns Post Trade Truce

Wall Street's main indexes opened subdued on Tuesday as investors considered the impact of the latest inflation numbers on monetary policy. This cautious approach follows substantial gains from the recent temporary trade truce between the U.S. and China. The Dow, S&P 500, and Nasdaq all recorded slight increases at the opening.

Wall Street's major indexes started Tuesday on a subdued note as investors weighed the implications of the latest inflation data on future monetary policy. This cautious sentiment emerges in the aftermath of significant market gains following a temporary trade truce between the U.S. and China.

The Dow Jones Industrial Average saw a rise of 97.2 points, marking a 0.23% increase to reach 42,507.33 at the opening bell. Concurrently, the S&P 500 gained 10.0 points—or 0.17%—to open at 5,854.15.

Meanwhile, the Nasdaq Composite increased by 52.9 points, translating to a 0.28% rise, leading to an opening level of 18,761.234. Investors remain cautious as they navigate the evolving repercussions of inflation statistics on economic policy.

(With inputs from agencies.)