U.S. stocks open modestly higher ahead of CPI data, Fed meeting

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U.S. stocks had modest gains at the open on Monday, as investors await the release of the CPI for November and the Fed’s decision on interest rates. The Dow Jones Industrial Average advanced 128 points, or 0.4%, to 33,604:

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stocks kicked off what could be a volatile week for markets with modest gains at the open on Monday, as investors await the release of the consumer-price index for November, along with the Federal Reserve’s Wednesday decision on interest-rates and a smattering of other central-bank meetings. The S&P 500 SPX, +0.26% gained 9 points, or 0.2%, to 3,943. The Dow Jones Industrial Average DJIA, +0.50% advanced 128 points, or 0.4%, to 33,604. The Nasdaq Composite COMP, +0.

 

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