U.S. stocks open slightly higher ahead of Powell speech

U.S. stocks opened in positive territory Friday, with investors awaiting a speech by Federal Reserve Chairman Jerome Powell. The Dow Jones Industrial Average rose 70 poins, or 0.2%, to 35,823, while the S&P 500 was up 0.3% at 4,483. The Nasdaq Composite was up 0.3% at 14,985. Investors will be listening to clues from Powell, who will virtually address the Kansas City Fed's annual Jackson Hole symposium at 10 a.m. Eastern, for clues on the timeline for the eventual tapering of the central bank's asset purchases. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

U.S. stocks open slightly higher ahead of Powell speech
U.S. stocks opened in positive territory Friday, with investors awaiting a speech by Federal Reserve Chairman Jerome Powell. The Dow Jones Industrial Average rose 70 poins, or 0.2%, to 35,823, while the S&P 500 was up 0.3% at 4,483. The Nasdaq Composite was up 0.3% at 14,985. Investors will be listening to clues from Powell, who will virtually address the Kansas City Fed's annual Jackson Hole symposium at 10 a.m. Eastern, for clues on the timeline for the eventual tapering of the central bank's asset purchases. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.