U.S. Stocks Flat; Investors Looking Ahead To Yellen Speech

By Ryan Vlastelica Markets MarketWatch Pulse

U.S. stocks opened with a slight upward bias on Monday, as Wall Street's recent uptrend appeared set to continue, even as investors found few reasons to keep pushing shares decisively higher with major indexes near records and ahead of the quiet holiday trading period. Traders are looking ahead to a speech by Federal Reserve Chairwoman Janet Yellen, which comes less than a week after the U.S. central bank indicated a faster pace of rate hikes in 2017 than had previously been expected. Any additional details on Fed policy could move markets. The Dow Jones Industrial Average rose 1.6 point, or less than 0.1%, to trade at 19,857.5. The S&P 500 rose 1.9 point, or 0.1%, to 2,259.8. The Nasdaq Composite Index rose 4.25 points, or 0.1%, to 5,441.3.

Continue Reading Below

Copyright © 2016 MarketWatch, Inc.