U.S. stocks open modestly higher after S&P 500’s three-week slide

U.S. stocks opened higher Monday, with the S&P 500 index up modestly as it attempts to recover from last week’s fall amid a rise in Treasury yields. The Dow Jones Industrial Average
DJIA,
-0.55%
was up less than 0.1% soon after the opening bell, while the S&P 500
SPX,
-0.06%
gained 0.3% and the Nasdaq Composite
COMP,
+0.39%
rose 0.4%, according to FactSet data. Last week all three major stock indexes fell as a rise in Treasury rates hurt valuations. The yield on the 10-year Treasury note was up about seven basis points on Monday morning, trading at around 4.32%, according to FactSet data, at last check.