US: Wall Street rises after selloff, labour data on tap

US stock indexes opened slightly higher on Wednesday (Mar 8) after a selloff in the previous session, with investors awaiting more comments from Federal Reserve chair Jerome Powell and job openings data.

The Dow Jones Industrial Average rose 15.62 points, or 0.05 per cent, at the open to 32,872.08.

The S&P 500 opened higher by 1.18 points, or 0.03 per cent, at 3,987.55, while the Nasdaq Composite gained 22.75 points, or 0.20 per cent, to 11,553.09 at the opening bell. REUTERS