US: Wall St opens higher on strong US data

[NEW YORK] Wall Street opened slightly higher as US data indicated a strengthening economy and the European Central Bank pledged to beef up or prolong its stimulus program.

The Dow Jones industrial average rose 76.16 points, or 0.47 per cent, to 16,427.54, the S&P 500 gained 8.1 points, or 0.42 per cent, to 1,956.96 and the Nasdaq composite added 14.96 points, or 0.31 per cent, to 4,764.94.

REUTERS