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Wall Street open a bit higher ahead of earnings, inflation data

Technology stocks were doing better than the rest of the market, and that helped send the Nasdaq up 0.3%.

October 12, 2021 / 07:21 PM IST

Stocks are edging higher in early trading on Wall Street Tuesday as traders wait for more data on inflation and corporate earnings this week.

The S&P 500 was up 0.2% in the early going, as was the Dow Jones Industrial Average.

Technology stocks were doing better than the rest of the market, and that helped send the Nasdaq up 0.3%.

Chipmaker Nvidia added 1.3% and Salesforce.com rose 1.7%. U.S. crude oil prices were holding near $80 a barrel.

European markets were mostly lower and Asian markets also closed mostly lower.

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The yield on the 10-year Treasury note edged up to 1.61%.
Associated Press

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