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New York • Stocks opened moderately higher on Wall Street as the market comes off three days of losses.
Utilities and materials companies rose the most in early trading Monday.
Herbalife rose 3 percent after the activist investor Carl Icahn, the company's largest shareholder, said late Friday he has increased his stake.
Energy companies were the one weak spot as the price of oil turned lower.
At 7:35 a.m. Mountain time, the Dow Jones industrial average rose 76 points, or 0.4 percent, to 18,472. The Standard & Poor's 500 index climbed 8 points, or 0.4 percent, to 2,177. The Nasdaq edged up 12 points, or 0.2 percent, to 5,231.
Bond prices rose. The yield on the 10-year Treasury note fell to 1.60 percent.