NEW YORK (AP) — The latest on developments in financial markets (all times local):
Stocks are opening broadly higher on Wall Street, extending the market’s gains from last week.
Technology companies and banks were among the biggest winners in early trading Monday. Facebook rose 1 percent and Goldman Sachs gained 1.2 percent.
Consumer-focused companies were also doing well in the early going. Netflix was up 2.2 percent.
Electric car maker Tesla slipped 0.4 percent after CEO Elon Musk said late Friday he was scrapping the idea of taking the company private.
The S&P 500 index rose 12 points, or 0.4 percent, to 2,886.
The Dow Jones Industrial Average gained 142 points, or 0.6 percent, to 25,939. The Nasdaq composite climbed 32 points, or 0.4 percent, to 7,976.
The Associated Press contributed to this article.