FILE PHOTO: A trader works on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., April 7, 2025.  REUTERS/Brendan McDermid/File Photo
FILE PHOTO: A trader works on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., April 7, 2025. REUTERS/Brendan McDermid/File Photo
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Business & Economy

S&P 500 and Nasdaq open higher as CPI, bank earnings take focus

July 14 (Reuters) – The S&P 500 and the Nasdaq opened higher on Tuesday after softer-than-expected inflation data fueled bets that the Federal Reserve could take a less hawkish stance on interest rates, while investors assessed second-quarter results from major U.S. banks.

The Dow Jones Industrial Average fell 452.3 points, or 0.86%, at the open to 52046.36. The S&P 500 rose 21.4 points, or 0.28%, to 7536.7​, while the Nasdaq Composite rose 142.3 points, or 0.55%, to 26015.492.

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(Reporting by Ragini Mathur in Bengaluru; Editing by Maju Samuel)

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By Reuters | Reuters | © Copyright Thomson Reuters 2026.

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