TELETRADER News
7/12, 3:31 PM (Source: TeleTrader)
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US opens mixed with inflation report in focus

Stock markets in the United States started Tuesday's session mixed as investors wait for Wednesday's inflation report for June with analysts expecting it to grow to 8.8%. The earnings season has started with PepsiCo's second-quarter revenue exceeding estimates and growing 7% annually.

The Down Jones dipped 0.28% at 9:30 am ET, as American Express Co. lost 2.09%. The Nasdaq 100 gained 0.55% at the same time, with Charter Communications gaining 3.53%. The S&P 500 traded flat.

The euro traded flat compared to the dollar and sold for 1.00428 at 9:32 as it approached parity with the US currency.

Baha Breaking News (BBN) / DJ