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Stocks open slightly higher as investors weigh Fed response to inflation

Stocks open slightly higher as investors weigh Fed response to inflation

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Stocks nudged higher in early trade Friday as investors weighed how aggressive the Federal Reserve will be in tightening policy a day after another hotter-than-expected inflation reading. The Dow Jones Industiral Average DJIA, +0.44% was up 50 points, or 0.1% at 35,292,while the S&P 500 SPX, +0.29% rose 0.1% to 4,506.63 and the Nasdaq Composite COMP, +0.13% shed 0.1% to 14,166.

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