U.S. Stocks Open Mostly Higher After Long Weekend

U.S. stocks opened mostly higher Tuesday, putting the main benchmarks within striking distance of their mid-August record closing highs. The moves came after a rally on Friday, following a weaker-than-expected monthly jobs report that bolstered the view that the Federal Reserve won't raise interest rates in September. The Dow Jones Industrial Average added 52 points, or 0.3%, to 18,530. The S&P 500 opened 2 points, or 0.1%, lower at 2,1779. And the Nasdaq Composite gained 6 points, or 0.1%, to 5,256. Among individual companies, seeds and pesticides giant Monsanto Co. rose 0.8% after German chemicals titan Bayer AG raised its bid for the U.S. company to $127.50 a share, up from $125 a share.

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