US Open: Wall Street awaits Conference Board index reading

• The US stock market starts today's trading higher

• Wall Street awaits consumer confidence index reading

Tuesday's session on Wall Street starts higher. Investors' attention today turns to the Conference Board consumer confidence index reading at 3:00 p.m BST.

The market is currently pricing a 71% chance of a 75 basis point rate hike at the Fed's September meeting. Source: Bloomberg

US index quotes. Source: xStation 5 

Compiled charts of the US100 index and VIX on the D1 interval. The benchmark of technology companies starts today's session higher. The VIX fear index is losing nearly 1.5% today. Source: xStation 5 

News:

• Baidu (BIDU.US) shares are gaining at the start of today's trading session following the release of better-than-expected quarterly results. The Chinese company sees greater demand for the company's cloud solutions. 

• Shares of First Solar (FSLR.US) are gaining nearly 2% early in the session after a report that the company will spend $1.2 billion to develop solar panel factories, taking advantage of the Inflation Reduction Act and tax credits introduced.

• Bed Bath & Beyond (BBBY.US) shares are returning to growth. At the start of today's session, the company's shares are gaining nearly 12%. 

Information from US companies. Source: Bloomberg