U.S. stocks open higher, extending last week's bounce as investors await Tuesday's inflation reading

U.S. stocks opened higher Monday, extending last week's bounce as investors look ahead to inflation data that will be released Tuesday morning. The Dow Jones Industrial Average rose 0.4% soon after the opening bell, while the S&P 500 gained 0.6% and the Nasdaq Composite advanced 0.5%, according to FactSet data, at last check. A reading on August inflation from the consumer price index is due out Tuesday at 8:30 a.m. Eastern time. All three major stock benchmarks rose last week, snapping three straight weeks of losses.

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