: U.S. stocks open higher after worst week since December as investors await inflation report


U.S. stocks opened modestly higher on Monday as investors cautiously awaited a report on the state of U.S. consumer-price inflation in January, which is due out Tuesday morning in New York. The S&P 500 SPX, +1.14% rose 7.5 points, or 0.2%, to 4,097. The Nasdaq Composite COMP, +1.48% gained 37 points, or 0.3%, to 11,764. The Dow Jones Industrial Average DJIA, +1.11% advanced 50 points, or 0.2%, to 33,937. U.S. stocks finished Friday’s session with a loss for the week — the worst for the S&P 500 and Nasdaq since December — as investors confronted shifting expectations about how far interest rates will rise, and how long the Federal Reserve will wait before cutting them. Tuesday’s inflation report could have a significant impact on markets, as some of the largest daily swings in U.S. stocks and bond yields from 2022 were driven by inflation reports.

This article was originally published by Marketwatch.com. Read the original article here.

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