New York City - US stocks Tuesday opened higher following a mixed bag of economic data releases and helped by Apple's strong earnings.
Five minutes into trade, the Dow Jones Industrial Average advanced 59.02 (0.38 percent) to 15,627.95.
The broad-based S&P 500 rose 6.30 (0.36 percent) to 1,768.41, while the tech-rich Nasdaq Composite Index added 15.31 (0.39 percent) at 3,955.43.
A heavy schedule of economic indicators showed a 0.1 percent fall in September retail sales, a 0.1 percent drop in producer prices, indicating weak inflation, and a 12.8 percent year-on-year rise in home prices in August, even as many cities saw smaller gains compared with July.
Major earnings releases came from Apple, which bested expectations, and Pfizer, which exceeded profit forecasts but lagged on revenues.
Investors were also eyeing a two-day meeting of the Fed's Federal Open Market Committee, which kicks off Tuesday and concludes Wednesday. The Fed is expected to hold steady on its aggressive monetary stimulus program. - Sapa-AFP