U.S. stocks on Friday opened higher, as investors attempted to shrug off worries about the financial health of Deutsche Bank AG that helped sink U.S. equities a day earlier and unsettled overseas markets. A rebound in oil prices also helped push equities higher. On the U.S. economic front, consumer spending was barely changed in August, while inflation inched up, but remained below the 2% target set by the Federal Reserve. The S&P 500 gained 12 points, or 0.6%, to 2,163. The Dow Jones Industrial Average rose 125 points, or 0.7%, to 18,268. And the Nasdaq Composite added 23 points, or 0.4%, to 5,292.
Continue Reading Below
Copyright © 2016 MarketWatch, Inc.