S&P 500, Dow Open Muted; Focus on Earnings, Rate Expectations

S&P 500, Dow Open Muted; Focus on Earnings, Rate Expectations
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City on Jan. 29, 2024. Brendan McDermid/Reuters
|Updated:

The S&P 500 and Dow were subdued at the open on Tuesday with investors focusing on big-ticket earnings and commentary from Federal Reserve officials, while gains in some megacaps drove the tech-heavy Nasdaq higher.

The Dow Jones Industrial Average rose 12.78 points, or 0.03 percent at the open, to 38,392.90. The S&P 500 opened higher by 7.35 points, or 0.15 percent, at 4,950.16, while the Nasdaq Composite gained 40.52 points, or 0.26 percent, to 15,638.19 at the opening bell.