U.S. stocks opened modestly higher Tuesday, consolidating after a blockbuster Monday as bond yields remained quiescent and quarterly corporate results came in strong. The Dow Jones Industrial Average (DOW:DJIA) added 28 points, 0.1%, to open near 31,564. The S&P 500 (S&P:SPX) was up 4 points or 0.1%, near 3,906 and the Nasdaq Composite (NASDAQ:COMP) gained 10 points, 0.1%, trading near 13,599. The 10-year U.S. Treasury note was hovering around 1.43% Tuesday morning, well off the highs that spooked investors in February. Shares of Target Corporation (NYS:TGT) and Zoom Video Communications Inc. (NAS:ZM) , both of which benefitted from the stay-at-home economy imposed on millions of Americans throughout 2020, were higher after the opening bell after earnings beats.
March 2, 2021, 9:32 a.m. EST