S&P 500 Index Opens Higher, Holding Near All-Time Highs

  • The major Wall Street indices posted small gains on Tuesday.
  • Energy stocks underperform amid falling crude oil prices.
  • Risk-sensitive technology stocks rise after the opening bell.

After the rocking session on Monday, the main US stock indices they opened in positive territory on Tuesday. At time of writing, the S&P 500 was up 0.15% on the day at 4,232, closing at the all-time high it set at 4,238 on May 7. Additionally, the Dow Jones Industrial Average was virtually unchanged at 34,610 and the Nasdaq Composite was gaining 0.5% to 13,867.

Among the top 11 sectors of the S&P 500, the Energy Index fell 1.2% on the day pressured by a 1% drop in US crude oil prices.On the other hand, the risk-sensitive technology index has up 0.8% after the opening bell.

Earlier in the day, data released by the US Census Bureau showed that the US goods and services deficit decreased by $ 6.1 billion to $ 68.9 billion in April, possibly helping to improve market confidence.

S&P 500 chart (daily)

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