Wall Street Opens Higher

U.S. stocks opened higher today, Monday, as a decline in U.S. Treasury yields boosted growth shares of major companies ahead of key inflation and employment data to be released this week, which will provide further signals on the path the Federal Reserve will take regarding interest rates. Shares of Apple, Microsoft, Alphabet, and Tesla rose between 0.5% and 1.3%, with 10-year U.S. Treasury yields falling to 4.20%. The communication services and technology sectors led the gains in the S&P 500 among the 11 main sub-indices, with the communication services sector rising 1.2% and the technology sector increasing 0.8%.