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US: Wall St opens higher ahead of data

Friday, May 1, 2015 - 21:46
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US stocks opened higher on Friday after all three major indexes posted slight gains for April and as investors are optimistic that construction and manufacturing data, due later, could support signs that the economy is regaining momentum.

[NEW YORK] US stocks opened higher on Friday after all three major indexes posted slight gains for April and as investors are optimistic that construction and manufacturing data, due later, could support signs that the economy is regaining momentum.

The Dow Jones industrial average rose 99.49 points, or 0.56 per cent, to 17,940.01, the S&P 500 gained 10.39 points, or 0.5 per cent, to 2,095.9 and the Nasdaq Composite added 29.83 points, or 0.6 per cent, to 4,971.25.

REUTERS