Wall Street opens higher as consumer price growth slows By Reuters

© Reuters. FILE PHOTO: American flags hang from the facade of the New York Stock Exchange (NYSE) building after the start of Thursday’s trading session in Manhattan in New York City, New York, U.S., January 28, 2021. REUTERS/Mike Segar/File Photo

(Reuters) – U.S. stocks opened higher on Tuesday after slowing growth in monthly consumer prices eased fears that high inflation will push the Federal Reserve to reduce stimulus early.

The rose 37.27 points, or 0.11%, at the open to 34,906.90. The opened higher by 10.60 points, or 0.24%, at 4,479.33, and the gained 62.87 points, or 0.42%, to 15,168.45 at the opening bell.

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