Major US stock markets opened higher on Tuesday following the release of the latest batch of economic data. The Federal Housing Finance Agency reported that house prices in the US increased by 0.1% in July.
Investors expect a report on consumer confidence later in the session, which could further influence market movements.
As of 9:31 am ET, the Dow Jones was up by 0.26%, or 110 points, while Salesforce gained 2.87%. The Nasdaq 100 rose by 0.22%, with PDD Holdings leading gains, increasing by 6.31%. The S&P 500 climbed by 0.08%, as Ventas advanced by 3.28%.
On the currency front, at 9:28 am ET, the euro was up 0.27% against the US dollar, trading at $1.11407.