U.S. stocks open higher, attempt to extend Friday’s gains before this week’s inflation reading

U.S. stocks opened higher Monday, kicking the week off higher as major benchmarks attempt to extend Friday’s gains. The Dow Jones Industrial Average DJIA, +0.57% was up 0.5% soon after the opening bell, while the S&P 500 SPX, +0.71% gained 0.6% and the Nasdaq Composite COMP, +0.93% increased 0.

9%, according to FactSet data, at last check. All three major benchmarks rose slightly on Friday while booking weekly losses amid worries over rising Treasury yields and oil prices. No major U.S. economic data are scheduled for release on Monday, with investors looking ahead to an inflation reading on Wednesday from the consumer-price index.

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