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Sept. 9, 2019, 9:36 a.m. EDT

Dow opens slightly higher as Wall Street focuses on central-bank policy

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By Mark DeCambre

U.S. stock-index benchmarks on Monday edged slightly higher as investors awaited news of further monetary-policy action from a number of central banks later this week and next. The Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA -0.02% climbed 7 points, or less than 0.1%, at 26,808, the S&P 500 index /zigman2/quotes/210599714/realtime SPX -0.06% rose 0.2% to 2,984, while the Nasdaq Composite Index /zigman2/quotes/210598365/realtime COMP -0.23% gained 0.2% to 8,119. Investors are hoping for easier-money policy from the Fed, which convenes a two-day policy meeting Sept.17-18 and is expected to slash rates by a quarter-of-a-percentage point after the jobs report on Friday came in weaker than expected, raising questions about the health of the U.S. economy and the need for further accommodations from the central bank to extend expansion in a record 11th year. Before that, the European Central Bank is expected to roll out stimulus plans on Thursday. The yield on 10-year U.S. Treasury rate rose to 1.62% on Monday, from 1.552% on Friday. Yields rise when prices fall. In corporate news, share of Shares in AT&T Inc. /zigman2/quotes/203165245/composite T +0.07% were in focus after activist investor Elliott Management disclosed a $3.2 billion stake in the company and released a letter to the board laying out a plan to boost the company's share performance.

Read the full story:
Dow logs longest win streak in 8 weeks but other indexes slip as tariff, growth woes linger

/zigman2/quotes/210598065/realtime
US : Dow Jones Global
27,019.41
-5.39 -0.02%
Volume: 69.18M
Oct. 16, 2019 11:25a
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/zigman2/quotes/210599714/realtime
US : S&P US
2,993.75
-1.93 -0.06%
Volume: 515.91M
Oct. 16, 2019 11:25a
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/zigman2/quotes/210598365/realtime
US : U.S.: Nasdaq
8,130.25
-18.46 -0.23%
Volume: 613,281
Oct. 16, 2019 11:25a
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/zigman2/quotes/203165245/composite
US : U.S.: NYSE
$ 37.93
+0.03 +0.07%
Volume: 4.53M
Oct. 16, 2019 11:25a
P/E Ratio
15.93
Dividend Yield
5.38%
Market Cap
$276.94 billion
Rev. per Employee
$637,332
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