The rupee opened at 87.03/$1 on Monday and weakened to 87.285/$1 in early trading, before it erased some losses toward the end of the trading session. The rupee had closed at 86.6/$1 on Friday.
US stocks: S&P 500, Nasdaq, close slightly up in cautious start to a heavy earnings week
U.S. stocks saw modest gains as the S&P 500 and Nasdaq eked out small increases in muted trading. Investors are digesting recent record highs and