U.S. stocks open higher ahead of Big Tech earnings, central-bank decisions

U.S. stock indexes opened higher on Monday, as the Dow Jones Industrial Average looking to extend its 10-session winning streak. Investors are awaiting a batch of earnings reports from megacap growth and technology companies while eying on monetary-policy decisions from the world’s major central banks amid continued signs that inflation is easing. The Dow industrials
DJIA,
+0.52%
rose 88 points, or 0.3%, to 35,319. The S&P 500
SPX,
+0.40%
gained 0.4% and the Nasdaq Composite
COMP,
+0.19%
advanced 0.5%. Corporate results due on Monday include Domino’s Pizza
DPZ,
+0.12%,
Whirlpool
WHR,
+0.69%,
Logitech
LOGI,
-0.80%
and NXP Semiconductors
NXPI,
-1.13%.
Alphabet
GOOGL,
+1.26%
and Microsoft
MSFT,
+0.39%
will report their numbers on Tuesday; Meta
META,
-0.90%
on Wednesday; and Intel
INTC,
-1.15%
on Thursday. The Federal Reserve is expected to raise interest rates by 25 basis points after its policy meeting this week. Policymakers will release a statement announcing their decision Wednesday at 2 p.m. Eastern, while Fed Chair Jerome Powell will hold a press conference at 2:30 p.m..