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Dow drifts higher Tuesday but stock market gains capped as IMF dials back global growth outlook

Dow drifts higher Tuesday but stock market gains capped as IMF dials back global growth outlook

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U.S.stocks rose tenatively Tuesday morning as inflation worries dogged bullish investors ahead of third-quarter earnings and as the International Monetary Fund cut its outlook for global growth. The Dow Jones Industrial Average DJIA, +0.18% rose 36 points, or 0.1%, at 34,533, the S&P 500 index SPX, +0.15% inchded 0.1% higher at 4,364, and the Nasdaq Composite Index COMP, +0.27% advanced 0.1% at 14,505.

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