US Wall Street indices open higher on Tuesday

US indices opened higher across the board on Tuesday, with the Dow Jones Industrial Average leading the gains among Wall Street indices.

The ongoing US-Iran conflict continues to negatively impact US indices, making caution crucial when trading them. Further losses are expected if the conflict persists and tensions escalate.

Indices' movements

The US indices moved as follows:

The Dow Jones opened 0.80% higher and continued its upward trend, reaching $47,391.

After rebounding from its current support levels, the index is expected to continue its upward trajectory in the near term.

The Nasdaq opened 0.45% higher and continued its climb, reaching $24,848. The Nasdaq continues to trade sideways, and a near-term rally is expected.

The S&P 500 opened 0.52% higher, and the US index has continued its upward trend, reaching levels around $6751.

If today's candle closes higher, the index is expected to continue its near-term rise to test previously broken support levels.