Stock market today: S&P 500, Dow open higher as investors keep watchful eye on economy

US stocks aimed for another positive day on Wall Street after markets hit their latest all-time highs, as investors looked to upcoming data for clues to the health of the economy and the chances of another jumbo rate cut. The S&P 500 and Dow Jones Industrial Average opened higher on the heels of record closes for both major indexes, rising about 0.1% and 0.2%, respectively. The tech-heavy Nasdaq Composite hugged the flatline.

Read more: What the Fed rate cut means for bank accounts, CDs, loans, and credit cards Mortgage applications jumped to the highest level since 2022, according to MBA data released before the bell. The growth was driven by homeowners seeking to refinance loans as rates drop. Data-watchers get the latest reading on home sales to scour for more insight later on Wednesday.

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Stock market today: S&P 500, Dow futures waver as inflation report loomsInvestors are gearing up for a consumer inflation print seen as crucial to determining the size of the first US interest-rate cut in years.
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Stock market today: Dow, S&P 500 eke out record closes as stocks extend September rallyThe focus is on Fed speakers and a key inflation reading for insight into whether another big rate cut is coming.
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Stock market today: Dow, S&P 500 surge as stocks mount a comeback from deep lossesInflation is back in focus for investors gauging pressures that could influence the size of Fed rate cuts.
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Stock market today: Dow, S&P 500, Nasdaq surge as Fed fires up rallyWall Street has absorbed the Fed's message that a deep cut will prove positive for the economy.
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Stock market today: S&P 500, Dow futures slip as inflation report loomsInvestors are gearing up for a consumer inflation print seen as crucial to determining the size of the first US interest-rate cut in years.
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Stock market today: Dow, S&P 500 gear up for recovery after steep lossesInflation is back in focus for investors gauging pressures that could influence the size of Fed rate cuts.
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