Wall St opens higher as investors weigh earnings

[NEW YORK] Wall Street’s main indexes opened higher on Wednesday (Jul 15), as investors weighed softer-than-expected producer inflation data and a flurry of corporate earnings, while PayPal surged on report of a US$53 billion takeover offer.

The Dow Jones Industrial Average rose 95.9 points, or 0.18 per cent, at the open to 52,604.2.

The S&P 500 gained 28.1 points, or 0.37 per cent, to 7,571.72​, while the Nasdaq Composite advanced 154.2 points, or 0.59 per cent, to 26,261.183 at the opening bell. REUTERS