US: Wall St opens higher as inflation data meets estimates

[NEW YORK] Wall Street's main indexes opened stronger on Friday after data showed consumer prices rose largely in line with estimates last month, taking some pressure off investors concerned about aggressive tightening of monetary policy.

The Dow Jones Industrial Average rose 75.86 points or 0.21 per cent at the open to 35,830.55.

The S&P 500 opened higher by 20.19 points or 0.43 per cent at 4,687.64, while the Nasdaq Composite gained 112.22 points or 0.72 per cent to 15,629.59 at the opening bell.

REUTERS