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US: Stocks open higher as crude rebounds


[BENGALURU] US stock indexes opened higher on Wednesday as crude oil prices continued to rebound and economic data showed consumer spending and personal incomes rose in November.

The Dow Jones industrial average rose 95.64 points, or 0.55 per cent, to 17,512.91, the S&P 500 gained 9.12 points, or 0.45 per cent, to 2,048.09 and the Nasdaq Composite index added 24.27 points, or 0.49 per cent, to 5,025.38.