U.S. stocks open higher Tuesday as investors await consumer confidence data


U.S. stocks opened higher Tuesday, with all three major benchmarks attempting to bounce from the previous session. The Dow Jones Industrial Average DJIA, +0.32% was trading 0.5% higher soon after the opening bell, while the S&P 500 SPX, +0.12% was up 0.4% and the Nasdaq Composite COMP, -0.38% was advancing around 0.2%, according to FactSet data, at last check. Economic data released Tuesday showed the nation’s trade deficit in goods fell 2.2% in May, a second straight decline that could help lift gross domestic product in the second quarter. A reading on consumer confidence is due out at 10 a.m. Eastern Time.

This article was originally published by Marketwatch.com. Read the original article here.

Previous article: Goldman, Wells Fargo lead dividend buffet after Fed stress test
Next articleU.S. consumer confidence falls to 16-month low


Please enter your comment!
Please enter your name here