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    US stocks open higher after upbeat data, megacaps recover

    Synopsis

    Upbeat capital goods orders data allayed concerns about a slowing U.S. economy in the face of Federal Reserve's aggressive interest rate hikes

    Wall StreetAP
    File photo of traders working on the floor at the New York Stock Exchange
    Wall Street opened higher on Tuesday, as megacap stocks recovered and upbeat capital goods orders data allayed concerns about a slowing U.S. economy in the face of Federal Reserve's aggressive interest rate hikes.

    The Dow Jones Industrial Average rose 24.32 points, or 0.07%, at the open to 33,739.03. The S&P 500 opened higher by 8.54 points, or 0.20%, at 4,337.36, while the Nasdaq Composite gained 53.47 points, or 0.40%, to 13,389.25 at the opening bell.

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