Stocks Open Mixed Amid Inflation Data Anticipation

The S&P 500 and Nasdaq began Tuesday positively after a holiday-extended weekend, with investors focusing on upcoming inflation data expected to impact Federal Reserve policy expectations. Meanwhile, the Dow Jones Industrial Average slightly dropped, displaying a mixed opening across major U.S. indices.

The S&P 500 and the Nasdaq opened higher on Tuesday after a holiday-extended weekend, with investors awaiting key inflation data later in the week that could influence expectations for the Federal Reserve's policy trajectory.

The Dow Jones Industrial Average fell 40.6 points, or 0.10%, at the open to 39,028.99. The S&P 500 rose 11.2 points, or 0.21%, at the open to 5,315.91​, while the Nasdaq Composite rose 67.5 points, or 0.40%, to 16,988.315 at the opening bell.