US stock indexes opened slightly higher on Monday as traders positioned themselves ahead of a busy week for economic data and the Federal Reserve’s next policy decision. The cautious start reflected a market that is waiting for clearer signals on the path of interest rates.

Investors are watching closely for any guidance from policymakers, with rate expectations continuing to shape sentiment across equities, bonds, and currency markets. Even small shifts in the outlook for borrowing costs can affect sectors differently, from technology and consumer stocks to banks and industrials.

The muted move also suggests that many market participants are holding back until more data arrives. Inflation readings, labor market indicators, and comments from the central bank are likely to drive the next major move, especially if they alter expectations for how long rates may stay elevated.

For now, trading remains measured rather than decisive. Analysts say the market tone is likely to stay cautious until the Fed makes its next move and investors get a better read on the economy’s resilience.