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US: Wall St opens higher after retail data

US stocks opened little changed on Wednesday as commodity prices recovered and positive economic data from Europe helped soften the impact of weak Chinese factory data.

[NEW YORK] US stocks opened higher on Tuesday after data showed retail sales continued to rise in August but gains were capped by caution ahead of this week's Federal Reserve meeting.

The Dow Jones industrial average rose 55.78 points, or 0.34 per cent, to 16,426.74, the S&P 500 gained 6.85 points, or 0.35 per cent, to 1,959.88 and the Nasdaq composite added 12.33 points, or 0.26 per cent, to 4,818.09.


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