US: Wall St opens higher as inflation data calms nerves

[NEW YORK] Wall Street's main indexes opened higher on Wednesday after consumer prices data that largely met expectations eased some concerns about faster-than-expected interest rate hikes, with big technology stocks leading the advance.

The Dow Jones Industrial Average rose 84.14 points or 0.23 per cent at the open to 36,336.16.

The S&P 500 opened higher by 15.52 points or 0.33 per cent at 4,728.59 while the Nasdaq Composite gained 109.65 points or 0.72 per cent to 15,263.10 at the opening bell.

REUTERS