US: Wall Street opens higher on strong Nike earnings

WALL Street’s main stock indexes opened higher on Wednesday (Dec 21) as Nike brought cheer to markets with its better-than-expected results, while investors awaited more economic data for hints on the path of future interest rate hikes.

The Dow Jones Industrial Average rose 178.35 points, or 0.54 per cent, at the open to 33,028.09.

The S&P 500 opened higher by 17.87 points, or 0.47 per cent, at 3,839.49, while the Nasdaq Composite gained 44.89 points, or 0.43 per cent, to 10,592.00 at the opening bell. REUTERS