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Stocks edge higher as S&P 500, Nasdaq attempt to build on records

U.S. stocks opened slightly higher Monday, with the S&P 500 and Nasdaq Composite attempting to build on record finishes. The Dow Jones Industrial Average
DJIA,
-0.09%

was up 37 points, or 0.1%, at 35,493. The S&P 500
SPX,
0.26%

rose 0.2% to 4,519, while the Nasdaq Composite
COMP,
0.51%

was up 0.3% at 15,180. The S&P 500 and Nasdaq ended at records on Friday, with stocks buoyed after Federal Reserve Chairman Jerome Powell said he favored beginning to scale back the central bank’s asset purchases this year but offered no clear timetable.