July 15 (Reuters) – Wall Street’s main indexes opened higher on Wednesday, as investors weighed softer-than-expected producer inflation data and a flurry of corporate earnings, while PayPal surged on report of a $53 billion takeover offer.
The Dow Jones Industrial Average rose 95.9 points, or 0.18%, at the open to 52604.2. The S&P 500 gained 28.1 points, or 0.37%, to 7571.72, while the Nasdaq Composite advanced 154.2 points, or 0.59%, to 26261.183 at the opening bell.
(Reporting by Ragini Mathur; Editing by Joyjeet Das)
Comments