U.S. stocks opened marginally higher on Thursday, with the main indexes hovering near record levels a day after dovish comments from Federal Reserve Chairwoman Janet Yellen encouraged investors to dive back into the stock market. The S&P 500 was up by a point, or less than 0.1%, to 2,444. The Dow Jones Industrial Average was flat at 21,530. The Nasdaq Composite index ticked 3 points, or less than 0.1%, higher to 6,265. Among early movers, Target Corp. jumped after raising sales and profit outlooks for the second quarter.
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