US: Wall Street opens higher with eyes on stimulus

[NEW YORK] US stocks opened higher on Wednesday, with the S&P 500 edging closer to an all-time high, as a fall in US crude stockpiles drove up oil prices, although investors remained on edge due to a stalemate over a new coronavirus relief bill.

The Dow Jones Industrial Average rose 173.33 points, or 0.63 per cent, at the open to 27,860.24.

The S&P 500 opened higher by 21.77 points, or 0.65 per cent, at 3,355.46, and the Nasdaq Composite gained 95.29 points, or 0.88 per cent, to 10,878.12 at the opening bell.

REUTERS