U.S. stocks open higher as S&P 500, Nasdaq headed for fifth straight monthly gain

U.S. stocks opened higher on Monday, the final session of July, as the three main indexes appeared poised for sizable monthly gains. The S&P 500
SPX,
+0.14%
gained 5 points, or 0.1%, to 4,587, according to FactSet data. The Dow Jones Industrial Average
DJIA,
+0.09%
was little-changed at 35,470. The Nasdaq Composite
COMP,
+0.17%
increased by 40 points, or 0.3%, to 14,354. All three indexes are on track to record sizable gains, but the S&P 500 and Nasdaq are headed for their fifth straight monthly gains. For the S&P 500, it’ll be the longest stretch of monthly gains since August 2021, according to Dow Jones Market Data. The Dow, meanwhile, is on track to log its second straight green month.