India, July 24 -- The S&P 500 edged higher in early trading on Friday, recovering from the previous session's losses as investors assessed a fresh wave of corporate earnings and broader economic developments. The benchmark index rose 9.21 points (0.12%) to 7,417.51, with gains driven by optimism that stronger-than-expected earnings could help offset concerns over persistent inflation, rising energy prices and ongoing geopolitical tensions.

Why Is the S&P 500 Rising Today?

The S&P 500 moved back into positive territory as investors returned to equities following Thursday's sell-off. Positive earnings from several companies helped improve market sentiment, although gains remained limited as traders continued monitoring inflation trends an...