U.S. stocks open higher as S&P 500, Nasdaq headed for fifth straight monthly gain

U.S. stocks opened higher on Monday, the final session of July, as the three main indexes appeared poised for sizable monthly gains. The S&P 500 SPX, +0.21% gained 5 points, or 0.1%, to 4,587, according to FactSet data. The Dow Jones Industrial Average DJIA, +0.13% was little-changed at 35,470. The Nasdaq Composite COMP, +0.

28% increased by 40 points, or 0.3%, to 14,354. All three indexes are on track to record sizable gains, but the S&P 500 and Nasdaq are headed for their fifth straight monthly gains. For the S&P 500, it’ll be the longest stretch of monthly gains since August 2021, according to Dow Jones Market Data. The Dow, meanwhile, is on track to log its second straight green month.

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