Stocks open a bit higher ahead of earnings, inflation data
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The Associated Press
Stocks are edging higher in early trading on Wall Street Tuesday as traders wait for more data on inflation and corporate earnings this week. The S&P 500 was up 0.2% in the early going, as was the Dow Jones Industrial Average. Technology stocks were doing better than the rest of the market, and that helped send the Nasdaq up 0.3%. Chipmaker Nvidia added 1.3% and Salesforce.com rose 1.7%. U.S. crude oil prices were holding near $80 a barrel. European markets were mostly lower and Asian markets also closed mostly lower. The yield on the 10-year Treasury note edged up to 1.61%.Â