Wall Street opens higher with eyes on stimulus

(Reuters) – U.S. stocks opened higher on Wednesday, with the S&P 500 edging closer to an all-time high, as a fall in U.S. crude stockpiles drove up oil prices, although investors remained on edge due to a stalemate over a new coronavirus relief bill.

The Dow Jones Industrial Average (DJI) rose 173.33 points, or 0.63%, at the open to 27,860.24. The S&P 500 (SPX) opened higher by 21.77 points, or 0.65%, at 3,355.46, and the Nasdaq Composite (IXIC) gained 95.29 points, or 0.88%, to 10,878.12 at the opening bell.