US: Wall Street opens slightly higher on strong retail earnings

[NEW YORK] US stocks opened slightly higher on Wednesday following positive results from retailers Target and Lowe's, a day after the S&P 500 completed its fastest recovery from a bear market in history.

The Dow Jones Industrial Average rose 33.19 points, or 0.12 per cent, at the open to 27,811.26.

The S&P 500 opened higher by 2.73 points, or 0.08 per cent, at 3,392.51. The Nasdaq Composite gained 3.96 points, or 0.04 per cent, to 11,214.80 at the opening bell.

REUTERS