S&P 500, Nasdaq open higher after inflation data, earnings boost

The S&P 500 and the Nasdaq opened higher on Wednesday as investors assessed largely in-line inflation data, while upbeat earnings from some AI infrastructure companies provided additional support.

The Dow Jones Industrial Average rose 5.6 points, or 0.01 percent, at the open to 53797.47. The S&P 500 rose 37.3 points, or 0.48 percent, at the open to 7765.46, while the Nasdaq Composite rose 235.0 points, or 0.89 percent, to 26680.469 at the opening bell.

Reuters

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