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S&P 500, Dow open near record highs after mixed earnings, inflation data

Kitco Media
By Reuters
Published:
Updated:
Reuters
S&P 500, Dow open near record highs after mixed earnings, inflation data teaser image

Jan 13 (Reuters) - The S&P 500 and the ​Dow opened near ‌record highs on Tuesday after a largely in-line inflation ‌report sustained expectations of ​rate cuts this year, while investors ‍weighed mixed quarterly results from JPMorgan and Delta ⁠Air Lines.

The ‍Dow Jones Industrial Average (.DJI),  rose ‌26.8 ‌points, or 0.05%, at the open to 49616.95. The ⁠S&P ⁠500 (.SPX), ​fell 0.1 points, or 0.00%, to 6977.41​, while ‍the Nasdaq Composite (.IXIC),  rose 1.2 points, or ​0.01%, to ‍23735.122.

Reporting by Medha Singh; ​Editing by Maju Samuel

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