S&P 500 and Nasdaq Rise as Attention Turns to Fed Speakers and Economic Data

The benchmark indices and the Nasdaq started the day on a positive note as investors turned their attention to remarks from Federal Reserve officials and a series of economic reports scheduled for the week, following the central bank’s announcement to initiate policy easing.

At the market opening, the benchmark index dipped slightly, losing 3.0 points (0.01%) to reach 42,060.4. In contrast, the S&P 500 gained 9.3 points (0.16%), opening at 5,711.9, while the Nasdaq saw an increase of 46.6 points (0.26%), starting at 17,994.905.