Market

Wall Street Rises as Housing Data and Consumer Confidence Reports Spark Market Optimism

Market Opens Higher Amid Positive Economic Indicators

Wall Street experienced an uptick at the opening bell on Tuesday, buoyed by the release of fresh economic data. Notably, reports indicated a rise in house prices for January, with the market eagerly awaiting further insights from February's new home sales figures and March's consumer confidence metrics.

Key Performers in the Market

The Dow Jones Industrial Average saw a modest increase of 0.27%, with The Walt Disney Company leading the charge at a 0.68% uptick. Similarly, the Nasdaq 100 and S&P 500 posted gains, thanks to standout performances from Lululemon Athletica Inc. and International Paper Co., respectively.

Currency Movements

In currency markets, the euro strengthened against the dollar, trading 0.21% higher in early trading hours.