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U.S. stocks open higher, extending last week’s bounce as investors await Tuesday’s inflation reading

us.-stocks-open-higher,-extending-last-week’s-bounce-as-investors-await-tuesday’s-inflation-reading

U.S. stocks opened higher Monday, extending last week’s bounce as investors look ahead to inflation data that will be released Tuesday morning. The Dow Jones Industrial Average DJIA, +0.95% rose 0.4% soon after the opening bell, while the S&P 500 SPX, +1.06% gained 0.6% and the Nasdaq Composite COMP, +0.99% advanced 0.5%, according to FactSet data, at last check. A reading on August inflation from the consumer price index is due out Tuesday at 8: 30 a.m. Eastern time. All three major stock benchmarks rose last week, snapping three straight weeks of losses.

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