Stocks open higher ahead of big earnings week and another Fed rate call

U.S. stocks edged higher early Monday as Brent crude eased and traders looked ahead to a major week for corporate earnings and a Federal Reserve interest-rate decision. The S&P 500 was up 0.3%, the Dow Jones Industrial Average rose 238 points, and the Nasdaq composite gained 0.3%. Brent fell 0.9% after previously spiking, and the yield on the 10-year Treasury slipped to 4.98%. Futures also climbed. The article links higher energy prices to supply concerns tied to the Iran conflict, noting meetings in Tehran involving Saudi Arabia, Pakistan and Turkey. Investors are also watching consumer confidence on Tuesday, and the Fed’s inflation data and economic growth releases later in the week.