US: Wall Street opens higher on strong earnings

[NEW YORK] US stocks opened higher on Wednesday and were set for a second day of gains at the end of a brutal month, as Facebook led a slew of encouraging earnings reports.

The Dow Jones Industrial Average rose 134.18 points, or 0.54 per cent, at the open to 25,008.82.

The S&P 500 opened higher by 22.97 points, or 0.86 per cent, at 2,705.60. The Nasdaq Composite gained 114.97 points, or 1.61 per cent, to 7,276.62 at the opening bell.