NEW YORK (MarketWatch) � U.S. stocks opened mostly higher Monday, with the S&P 500 index struggling to extend gains into a ninth session, after blue-chip equipment maker Caterpillar Inc. reported a profitable quarter and as orders for durable goods rose.
While the jump in durable-goods orders for Decemberis a welcome one, the picture painted by Caterpillar�s �telling you a little bit more about the global story,� said Dan Greenhaus, chief global strategist at BTIG LLC.
After finishing above 1,500 last week for the first time since December 2007, the S&P 500 SPX �was off 1.02 points at 1,501.94.
The Dow Jones Industrial Average DJIA � climbed 8.12 points to 1,304.30, with Caterpillar CAT � leading gains that included half of its 30 components.
The Nasdaq Composite COMP � advanced 7.55 points to 3,157.26.
The Commerce Department reported orders for durable goods in the U.S. climbed 4.6% last month.
Shares of Jos. A Bank Clothiers Inc. JOSB � fell 15% after the men�s apparel maker late Friday projected yearly profit would decline 20% from last year, with sales undercut by unseasonably warm weather.
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