The S & ampP 500 and Nasdaq increased in price on Tuesday as a positive quarterly report from Bank of America ( NYSEBAC ) increased expectations for the earnings season in the face of worries about an impending recession.
At the start, the Dow Jones Industrial Average dropped 22.02 tips, or 0.06 %, to 33, 965.16. The Nasdaq Composite increased 76.83 points, or 0.63 %, to 12, 234.56 at the opening bell, while the S & ampP 500 increased by 12.94 points( 0.31 %) to 4, 164.26.
Nasdaq and S & ampP 500 open higher on earnings optimism.
