Stocks Open Higher As Investors Wait For Clarity From Fed Speakers

By Anora MahmudovaMarketWatch Pulse

U.S. stocks opened higher on Monday, bouncing after a big post-Fed selloff last week. Investors waited for home-sales data and a speech from a key Federal Reserve member to provide further direction. The S&P 500 opened 11 points, or 0.6%, higher at 1,968. The Dow Jones Industrial Average added 100 points, or 0.6%, to 16,482 at the open. The Nasdaq Composite began the day higher, up 26 points, or 0.5% at 4,854.

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