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US stocks manage positive open as investors await further speeches from Federal Reserve officials

US stocks manage positive open as investors await further speeches from Federal Reserve officials

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10.15am: Stocks contradict predictions US stocks rose at the open, recovering after Monday’s falls in spite of cautious predictions as investors await clues from Federal Reserve officials about plans to ease stimulus measures. After three-quarters of an hour of trading, the Dow Jones Industrial Average was up 11 points, or 0.3% at 35,213, while the broader S&P 500 added 0.2%, and the tech-laden Nasdaq Composite edged 0/1% higher.

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