Stock market today: Wall Street opens higher after a rare winning week


Source: elliotlaketoday.com elliotlaketoday.com

Key Topics in this News Article:

News Snapshot:

NEW YORK (AP) — Stocks are opening higher on Wall Street as markets shift their attention from the Federal Reserve to more corporate earnings and economic reports. The S&P 500 was up 0.7% in early trading Monday. The Dow rose 274 points, or 0.8%, and the Nasdaq composite added 0.8%. U.S. stocks broke a three-week losing streak last week as investors appeared relieved that Federal Reserve Chair Jerome Powell said the central bank would “proceed carefully” on interest rates. 3M jumped following reports that the company had agreed to a $5.5 billion settlement over faulty earplugs, a lower figure than...