
US stocks opened higher on Monday as investors braced for corporate earnings season.
Big bank earnings, starting with JPMorgan Chase & Co on Wednesday, are watched most keenly this week.
Experts said market expectations for profit growth are low amid a sluggish world economy, a strong dollar and declining commodity prices.
With no major data coming out, investors were awaiting an upcoming meeting on Monday between U.S. President Barack Obama and Federal Reserve Chair Janet Yellen on the country's economy.
Shortly after the opening bell, the Dow Jones Industrial Average rose 66.63 points, or 0.38 percent, to 17,643.59. The S&P 500 added 8.53 points, or 0.42 percent, to 2,056.13. The Nasdaq Composite Index gained 26.19 points, or 0.54 percent, to 4,876.88.
In the previous session, U.S. stocks ended mildly higher amid surging oil prices, after Yellen reiterated the strength of the country's economy on Thursday.
GMT 19:47 2018 Saturday ,06 January
Global stocks extend rally; London hits record peakGMT 19:22 2018 Wednesday ,03 January
Worldwide stocks start year on a highGMT 10:37 2018 Wednesday ,03 January
Asian markets build on gains, dollar faces further weaknessGMT 17:30 2017 Sunday ,31 December
London stocks end year on record highGMT 18:04 2017 Thursday ,28 December
Miners boost stocks in thin holiday tradingGMT 18:51 2017 Monday ,25 December
Oman’s share index falls on lack of buying supportGMT 08:49 2017 Sunday ,24 December
'Virtual gold' may glitter, but mining it can be really dirtyGMT 17:45 2017 Saturday ,23 December
Madrid stocks sink on Catalan woes; London hits record
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor