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Breaking: US Stocks Start Tuesday in Red Ahead of Economic Data

MarketAlleys Desk

Published · Updated · 1 min read

US stocks started Tuesday's session with meager gains as investors were girding themselves for the major releases of inflation data and quarterly earnings. The Dow Jones Industrial Average (^DJI), the S&P 500 (^GSPC), and the Nasdaq Composite (^IXIC) posted minimal gains on opening, as stock actions were hesitant at the beginning of the trading day.

Market sentiment is being cooled by caution ahead of the Wednesday release of the Consumer Price Index, expected to offer some gauge on inflation. The CPI number will be in closer focus for its impact it may have on monetary policy decisions by the Federal Reserve.

It was a mixed session of trading with participants positioning themselves ahead of a set of upcoming quarterly earnings releases from the likes of Delta Air Lines DAL, and financial giants JPMorgan Chase JPM and Citigroup C. A slow start to the session suggests that investors will take it very easy through a session peppered with economic data releases and geopolitical tensions.

Continue checking back for updates as the developments unfold during the trading day.

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