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

Published On Sep 25, 2024, 9:35 AM

The S&P 500 and Dow Jones Industrial Average opened higher today, continuing a positive trend following record closes yesterday. Investors are keeping a close eye on economic indicators, particularly upcoming data on consumer confidence and inflation, as concerns about a potential recession loom due to sluggish consumer sentiment. Meanwhile, mortgage applications are at their highest level since 2022 as homeowners seek to refinance in light of decreasing rates. Key upcoming economic reports include GDP figures and a PCE index reading later this week.