U.S. stocks edge higher to start new week

NEW YORK, Jan. 29 (Xinhua) -- U.S. stocks edged higher on Monday, as investors eagerly awaited key events this week.

The Dow Jones Industrial Average rose 224.02 points, or 0.59 percent, to 38,333.45. The S&P 500 added 36.96 points, or 0.76 percent, to 4,927.93. The Nasdaq Composite Index increased 172.68 points, or 1.12 percent, to 15,628.04 and hit a new 52-week high.

Ten of the 11 primary S&P 500 secto