U.S. stocks open higher after two days of losses

U.S. stocks were trading higher shortly after the opening bell on Thursday, with the main indexes attempting a rebound after two sessions of losses. The S&P 500 opened 11 points, or 0.4%, higher at 2,576. The Dow Jones Industrial Average was up 132 points, or 0.6%, to 23,403. The tech-heavy Nasdaq Composite index advanced 41 points, or 0.6%, to 6,747. Among the best performers on Wall Street, shares of Cisco Systems Inc. jumped after the maker of networking equipment late Wednesday delivered better-than-expected quarterly results and an encouraging outlook. Shares of Wal-Mart Stores, Inc. also rallied, after earnings came in ahead of expectations.

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From:: Stock Market News

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