US STOCKS SNAPSHOT-Wall St opens higher as investors eye inflation data, Fed verdict

US STOCKS SNAPSHOT-Wall St opens higher as investors eye inflation data, Fed verdict

U.S. stock indexes rose on Monday, with the benchmark S&P 500 and the tech-heavy Nasdaq hovering near 2023 highs as investors awaited inflation data and the Federal Reserve's interest rate decision this week.

The Dow Jones Industrial Average rose 30.02 points, or 0.09%, at the open to 33,906.80. The S&P 500 opened higher by 9.46 points, or 0.22%, at 4,308.32, while the Nasdaq Composite gained 67.23 points, or 0.51%, to 13,326.37 at the opening bell.

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