U.S. stocks opened higher on Monday, putting the main benchmarks on track to erase some of last week’s losses as investors await Tuesday’s midterm elections. The S&P 500 SPX opened 13 points, or 0.4%, higher at 3,784, while the Dow Jones Industrial Average DJIA gained 113 points, or 0.4%, to 32,516. The Nasdaq Composite COMP advanced 47 points, or 0.5%, to 10,522. Stocks finished higher on Friday, but the major indexes still booked losses for the week, with the Nasdaq suffering its biggest weekly loss since January.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
