NEW YORK U.S. stocks opened slightly higher on Monday after initial polls showed pro-reform center-leftists could win the Italian general election, though caution remained as defensive sectors led gains on the S&P 500.
The Dow Jones industrial average rose 41.47 points or 0.3 percent, to 14,042.04, the S&P 500 gained 6.81 points or 0.45 percent, to 1,522.41 and the Nasdaq Composite added 18.79 points or 0.59 percent, to 3,180.61.
(Editing by Kenneth Barry)
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With the crucial GDP data scheduled to be announced along with key corporate results, volatility is expected to prevail in the upcoming week. Disappointment on these fronts may push the Nifty down to the 7,200-7,500 range. Once we witness stability and consolidation, investors should increase their exposure, says Ambareesh Baliga. Full article