U.S. stocks open higher as S&P 500 potentially extends longest stretch of gains since 2021

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U.S. stocks open higher as S&P 500 potentially extends longest stretch of gains since 2021
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Christine Idzelis is a markets reporter at MarketWatch and is based in New York.

U.S. stocks opened slightly higher Wednesday, with the S&P 500 attempting to extend its longest winning streak in two years. The Dow Jones Industrial Average DJIA, +0.23% was up 0.1% soon after the bell, while the S&P 500 SPX, +0.22% rose 0.2% and the Nasdaq Composite COMP, +0.18% edged up 0.1%, according to FactSet data, at last check.

The Dow closed Tuesday with its longest winning streak since July, while the S&P 500 and Nasdaq continued their longest stretch of daily gains since November 2021. Stocks have been climbing amid a retreat in interest rates in the bond market. The yield on the 10-year Treasury note was little changed Wednesday morning at around 4.57%, FactSet data show, at last check.

 

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