US: Wall St opens slightly higher; economic uncertainty weighs

[NEW YORK] US stocks opened slightly higher on Wednesday as cooling inflation eased some fears of an early reduction in monetary stimulus, while a slowing economic recovery and uncertainty over higher taxes kept gains in check.

The Dow Jones Industrial Average rose 3.4 points, or 0.01 per cent, at the open to 34580.95. The S&P 500 rose 4.4 points, or 0.10 per cent, at the open to 4447.49, while the Nasdaq Composite rose 33.6 points, or 0.22 per cent, to 15071.34 at the opening bell.

REUTERS