US: Stocks open higher on Dec rate hike possibility

[NEW YORK] US stocks opened marginally higher on Thursday, a day after strong results from Facebook and Federal Reserve Chair Janet Yellen indicated interest rate could be raised next month.

The Dow Jones industrial average rose 10.05 points, or 0.06 per cent, to 17,877.63. The S&P 500 gained 1.02 points, or 0.05 per cent, to 2,103.33 and the Nasdaq Composite index added 3.97 points, or 0.08 per cent, to 5,146.45.

REUTERS