U.S. stocks opened higher on Wednesday, joining a global equity rally fueled by upbeat Chinese export figures. Investors shrugged off a drop in oil futures as well as data showing retail sales in March dropped unexpectedly while wholesale prices ticked lower. The S&P 500 gained 10 points, or 0.5% at 2,070. The Dow Jones Industrial Average opened up 74 points, or 0.4%, at 17,798. Meanwhile, the Nasdaq Composite was up by 35 points, or 0.7%, at 4,907 at the open.
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From:: Stock Market News