U.S. stocks open little changed as Treasury yields edge up

U.S. stocks opened little changed on Monday, as Treasury yields edged higher and investors awaited housing-market data. The Dow Jones Industrial Average
DJIA,
+0.08%
was trading up 0.1% soon after the opening bell, while the S&P 500
SPX,
+0.07%
was down 0.1% and the Nasdaq Composite
COMP,
+0.14%
slipped 0.3%, according to FactSet data, at last check. Investors will get a fresh reading on the confidence of homebuilders on Monday morning at 10 a.m. Eastern Time. Meanwhile, the yield on the 10-year Treasury note
TMUBMUSD10Y,
4.344%
was up about two basis points on Monday morning at around 4.35%, while two-year Treasury rates
TMUBMUSD02Y,
5.066%
rose about three basis points to around 5.06%, FactSet data show, at last check. On Friday, the S&P 500 and Nasdaq each booked back-to-back weekly losses while the Dow eked out a slight gain for the week.