Stocks are trading higher as investors are cautiously optimistic ahead of a crush of earnings reports this week, including key readings from the banking sector.
Earnings reports will give investors a chance to see if there was any meaningful economic improvement during the second quarter. Investors are also anxiously awaiting corporate forecasts that could provide insight into when executives believe the economy will start growing again.
In the opening moments of trading Monday, the Dow Jones industrial average is up 27.13, or 0.3 percent, at 8,173.65. The Standard & Poor's 500 index is up 3.39, or 0.4 percent, at 882.52, while the Nasdaq composite index is up 4.25, or 0.2 percent, at 1,760.28.
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