Wall Street Steadies Amid Inflation Data Anticipation

Wall Street opened steady on Tuesday as attention shifted from the U.S. election to forthcoming inflation data. This key data is expected to provide insights into the country's economic and monetary policy. The Dow Jones and S&P 500 saw minor gains, while the Nasdaq experienced a slight drop.

Wall Street held steady at the opening on Tuesday, as investor attention turned from the U.S. election to crucial inflation data anticipated later in the week. This data is expected to offer more insights into the nation's economic and monetary policy direction.

The Dow Jones Industrial Average saw a modest rise of 66.1 points, or 0.15%, reaching 44,359.21 at the opening bell. Similarly, the S&P 500 inched up by 2.3 points, or 0.04%, to stand at 6,003.6.

Contrary to these gains, the Nasdaq Composite experienced a slight drop, shedding 8.9 points, or 0.05%, as it opened at 19,289.814. The mixed performance reflects cautious investor sentiment amid looming economic indicators.

(With inputs from agencies.)