S&P 500 and Nasdaq open higher as CPI, bank earnings take focus

July 14 (Reuters) - ‌The ​S&P ​500 and the Nasdaq ‌opened higher on Tuesday ⁠after softer-than-expected inflation ‌data fueled bets ‌that the Federal Reserve could take a ​less hawkish stance on interest ⁠rates, while investors assessed second-quarter ​results from major U.S. banks.

The Dow ​Jones Industrial ‌Average fell 452.3 points, or ⁠0.86%, at the open to 52046.36. ⁠The S&P 500 rose 21.4 ​points, or 0.28%, to 7536.7, while the Nasdaq ‌Composite rose 142.3 points, or ‌0.55%, to ⁠26015.492.

(Reporting by ‌Ragini Mathur ​in Bengaluru; Editing by Maju ‌Samuel)

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