Wall St opens higher after softer-than-expected producer price data

Wall Street's main indexes opened higher on Tuesday, as investors assessed softer-than-expected producer inflation to gauge the Federal Reserve's monetary policy trajectory this year.

The Dow Jones Industrial Average rose 69.3 points, or 0.16 percent, at the open to 42,366.42. The S&P 500 rose 23.1 points, or 0.39 percent, at the open to 5,859.27?, while the Nasdaq Composite rose 119.6 points, or 0.63 percent, to 19,207.748 at the opening bell.

(Reuters)