U.S. stocks open higher; Dow gains 50 points

U.S. stocks opened slightly higher Thursday, shrugging off economic reports and a rout in China’s stock market and falling oil prices. The S&P 500 opened 7 points, or 0.4%, higher at 1,937. The Dow Jones Industrial Average gained 50 points, or 0.4%, to 16,541. Meanwhile, the Nasdaq Composite began the day up 15 points, or 0.3%, at 4,557.

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From:: Stock Market News

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