(Reuters) - The Nasdaq and the S&P 500 opened higher on Tuesday after fresh inflation data, while banking heavyweights kicked off the second-quarter earnings season.

At 09:30 a.m. ET, the Dow Jones Industrial Average rose 11.63 points, or 0.03%, to 44,471.28, the S&P 500 gained 32.72 points, or 0.53%, to 6,301.28 and the Nasdaq Composite gained 195.02 points, or 0.95%, to 20,835.34.