Stocks opened modestly higher on Monday as strong earnings from Caterpillar offset concerns European policymakers were struggling to narrow differences in tackling the region's debt crisis.
Caterpillar Inc jumped 5 percent to $91.76 after the heavy equipment maker reported a quarterly profit that topped estimates on record revenues. For details, see
The Dow Jones industrial average <.DJI> was up 29.67 points, or 0.25 percent, at 11,838.46. The Standard & Poor's 500 Index <.SPX> was up 2.33 points, or 0.19 percent, at 1,240.58. The Nasdaq Composite Index <.IXIC> was up 8.76 points, or 0.33 percent, at 2,646.22.
(Reporting by Ryan Vlastelica; editing by Jeffrey Benkoe)