S&P 500 opens modestly higher, tests 4,500

  • The major Wall Street indices continue to rise.
  • Health stocks post strong gains after the opening bell.

The major stock indices in the US They opened in positive territory on Tuesday as market sentiment remains bullish ahead of key quarterly earnings figures. At time of writing, the S&P 500 was up 0.3% on the day to 4,500, the Dow Jones Industrial Average was up 0.2% to 35,310 and the Nasdaq Composite was up 0.4% to 15,079.

Among the top 11 sectors of the S&P 500, the Healthcare Index is up 0.8% as the top winner after the opening bell. On the other hand, the consumer staples index is losing 0.4%.

Earlier in the day, US data showed that building permits and home starts declined 7.7% and 1.6%, respectively, in September, but these figures do not appear to have a noticeable impact on the feeling of risk.

S&P 500 chart (daily)

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