S&P 500, Dow open muted; focus on earnings, rate expectations By Reuters

© Reuters. Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., January 29, 2024. REUTERS/Brendan McDermid/File Photo

(Reuters) – The 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 rose 12.78 points, or 0.03% at the open, to 38,392.90. The S&P 500 opened higher by 7.35 points, or 0.15%, at 4,950.16, while the gained 40.52 points, or 0.26%, to 15,638.19 at the opening bell.

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