U.S. stocks opened little changed on Monday, as Treasury yields edged higher and investors awaited housing-market data. The Dow Jones Industrial Average DJIA, +0.08% was trading up 0.1% soon after the opening bell, while the S&P 500 SPX, +0.07% was down 0.1% and the Nasdaq Composite COMP, +0.14% slipped 0.3%, according to FactSet data, at last check.
Investors will get a fresh reading on the confidence of homebuilders on Monday morning at 10 a.m. Eastern Time. Meanwhile, the yield on the 10-year Treasury note TMUBMUSD10Y, 4.344% was up about two basis points on Monday morning at around 4.35%, while two-year Treasury rates TMUBMUSD02Y, 5.066% rose about three basis points to around 5.06%, FactSet data show, at last check.
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