U.S. stocks opened mostly higher Friday, with the S&P 500 edging up after on Thursday exiting bear-market territory, as investors look ahead to next week’s inflation report and the Federal Reserve’s policy meeting. The Dow Jones Industrial Average DJIA, -0.10% was down less than 0.
1% soon after the opening bell, while the S&P 500 SPX, +0.24% gained 0.3% and the Nasdaq Composite COMP, +0.57% rose 0.5%, according to FactSet data, at last check. Next week, investors will get a reading on Tuesday from the consumer-price index on May inflation and the Fed will announce its decision on interest-rate policy on Wednesday.
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