US: Wall Street opens higher on JPMorgan results, big energy deal

[NEW YORK] US stocks opened higher on Friday, helped by better-than-expected results from JPMorgan, a US$33 billion energy deal and signs of stability in Chinese economy.

The Dow Jones Industrial Average rose 214.74 points, or 0.82 per cent at the open to 26,357.79.

The S&P 500 opened higher by 12.54 points, or 0.43 per cent at 2,900.86. The Nasdaq Composite gained 36.79 points, or 0.46 per cent, to 7,984.15 at the opening bell.

REUTERS