Stocks edge higher as S&P 500, Nasdaq attempt to build on records

U.S. stocks opened somewhat higher Monday, with the S&P 500 and Nasdaq Composite attempting to physique connected grounds finishes. The Dow Jones Industrial Average DJIA, -0.08% was up 37 points, oregon 0.1%, astatine 35,493. The S&P 500 SPX, +0.25% roseate 0.2% to 4,519, portion the Nasdaq Composite COMP, +0.45% was up 0.3% astatine 15,180. The S&P 500 and Nasdaq ended astatine records connected Friday, with stocks buoyed aft Federal Reserve Chairman Jerome Powell said helium favored opening to standard backmost the cardinal bank's plus purchases this twelvemonth but offered nary wide timetable.