Stocks Open Higher Ahead of Busy Week of Economic Data

Core Viewpoint - The stock market opened higher, driven by stable bond yields and anticipation of key economic data [1] Group 1: Market Performance - The Dow Jones Industrial Average increased by 0.4% [1] - The S&P 500 rose by 0.3% [1] - The Nasdaq Composite saw a gain of 0.6% [1] Group 2: Bond Yields - The two-year Treasury yield decreased slightly to just over 3.5% [1] - This yield has remained stable around this level since September [1] Group 3: Economic Outlook - The market perceives economic data as sufficiently cool for the Federal Reserve to consider cutting interest rates [1]