US stocks open higher

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IOL wall street

New York - US stocks are opening higher following a record-setting day for the Dow Jones industrial average.

The Dow rose 39 points to 14,293 shortly after the opening bell.

Bank of America's stock rose 2.5 percent to $11.83.

Along with Tuesday's record, stocks got a lift from more encouraging news about US hiring.

The Standard & Poor's 500 index rose 4 points to 1,543.

The Nasdaq rose 5 points to 3,229.

The Dow jumped to an all-time high of 14,253.77 on Tuesday, topping its previous record set in October 2007.

The 126 point gain means the Dow has climbed nearly 9 percent this year.

Global markets kept the Dow's momentum going late Tuesday. Asian and European stocks rose. - Sapa-AP


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