Wall Street Bounces Back: Earnings and Inflation in Focus

Wall Street's main indexes opened higher on Tuesday, recovering from a previous selloff. Investors are now focusing on the third-quarter earnings season and anticipating key inflation data. The Dow, S&P 500, and Nasdaq all showed gains at the opening bell.

Wall Street's major indexes saw a positive opening on Tuesday, attempting to recover from losses experienced during the previous trading session. Investor sentiment shifted as attention turned towards the kickoff of the third-quarter earnings season and forthcoming critical inflation data.

The Dow Jones Industrial Average registered an increase of 68.4 points, marking a 0.16% rise, starting trading at 42,022.65. Similarly, the S&P 500 appreciated by 23.2 points, a 0.41% uptick, commencing at 5,719.14. The tech-heavy Nasdaq Composite also experienced a boost, climbing 94.0 points, or 0.52%, reaching 18,017.929 as the market opened.

This rebound signals cautious optimism among investors, now closely monitoring the latest financial reports and economic indicators to guide their investment decisions in the days ahead.

(With inputs from agencies.)