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US: Wall St opens higher after US GDP data

[NEW YORK] Wall Street opened higher on Thursday after data showed US economy grew at its fastest pace in more than two years in the third quarter, while investors eyed gains from sweeping corporate tax cuts passed by Congress this week.

The Dow Jones Industrial Average rose 64.55 points, or 0.26 per cent, to 24,791.2. The S&P 500 gained 5.37 points, or 0.200429 per cent, to 2,684.62. The Nasdaq Composite added 12.03 points, or 0.17 per cent, to 6,972.99.


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