U.S. stocks opened higher on Friday on news that President Donald Trump will turn his attention to tax reform next week and as investors awaited Federal Reserve Chair Janet Yellen`s speech for clues on the future path of rate hikes.

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The Dow Jones Industrial Average rose 57.23 points, or 0.26 percent, to 21,840.63. The S&P 500 gained 8.09 points, or 0.33 percent, to 2,447.06. The Nasdaq Composite added 24.07 points, or 0.38 percent, to 6,295.40.

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