Market Opens Higher Amid Positive Economic Reports

Wall Street experienced an upward trend at the opening on Tuesday, buoyed by the release of fresh economic data. Notably, two reports highlighted an increase in house prices for January, with anticipation building for the upcoming figures on new home sales for February and consumer confidence for March.

Stock Performance Highlights

The Dow Jones saw a 0.27% increase by 9:31 am ET, with The Walt Disney Co. leading the charge with a 0.68% rise. The Nasdaq 100 wasn't far behind, growing by 0.16%, thanks to a significant 2.93% jump by Lululemon Athletica Inc. Meanwhile, the S&P 500 enjoyed a 0.20% increase, with International Paper Co. at the forefront with a 3.16% gain.

Currency Movements

In currency news, the euro appreciated by 0.21% against the dollar by 9:32 am ET, trading at 1.08233.