U.S. stocks opened higher Monday, with the S&P 500 extending last week’s gains booked after Federal Reserve Chair Jerome Powell’s Jackson Hole speech on Aug. 25. The Dow Jones Industrial Average DJIA, +0.75% was up more than 150 points, or 0.5%, soon after the opening bell, while the S&P 500 SPX, +0.73% gained 0.
5% and the Nasdaq Composite COMP, +1.06% increased 0.8%, according to FactSet data, at last check. While the economic calendar on Monday is quiet, investors are facing a week of data that will include reports on U.S. inflation and nonfarm payrolls. Last week the Dow fell 0.4%, the S&P 500 gained 0.8% and the Nasdaq climbed 2.3%, according to Dow Jones Market Data.
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