U.S stocks open higher, Dow kicks off week rising more than 150 points

U.S. stocks opened higher Monday, with the S&P 500 extending last week’s gains booked after Federal Reserve Chair Jerome Powell’s Jackson Hole speech on Aug. 25. The Dow Jones Industrial Average
DJIA,
+0.77%
was up more than 150 points, or 0.5%, soon after the opening bell, while the S&P 500
SPX,
+0.72%
gained 0.5% and the Nasdaq Composite
COMP,
+0.89%
increased 0.8%, according to FactSet data, at last check. While the economic calendar on Monday is quiet, investors are facing a week of data that will include reports on U.S. inflation and nonfarm payrolls. Last week the Dow fell 0.4%, the S&P 500 gained 0.8% and the Nasdaq climbed 2.3%, according to Dow Jones Market Data.