Wall Street Muted at Open as Investors Await Inflation Data

Wall Street Muted at Open as Investors Await Inflation Data
Traders work on the trading floor at the New York Stock Exchange (NYSE) in New York City on Jan. 27, 2023. Andrew Kelly/Reuters
Reuters
Updated:

Wall Street’s main indexes were subdued at the open on Tuesday as investors kept an eye out for inflation data that could determine the U.S. Federal Reserve’s next policy moves.

The Dow Jones Industrial Average rose 0.23 points at the open to 33,586.75. The S&P 500 opened higher by 1.18 points, or 0.03 percent, at 4,110.29, while the Nasdaq Composite dropped 4.11 points, or 0.03 percent, to 12,080.24 at the opening bell.