US market opens higher as investors eye bank stability and key earnings reports


Source: financialexpress.com financialexpress.com

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US market opened higher on Monday, showing signs of stabilisation following last week’s volatility. The S&P 500 gained 0.6%, the Dow Jones Industrial Average rose by 253 points, and the tech-heavy Nasdaq Composite advanced 0.8%. Regional bank stocks edged higher, partially recovering from last week’s declines due to concerns over credit quality. Zions Bancorporation is set to report Q3 earnings after the bell, with Coca-Cola, Tesla, and Procter & Gamble scheduled to release results later this week, key indicators for consumer demand and margin pressures. Index futures were positive in premarket trading, with S&P 500 futures up 0.4%, and both...