US STOCKS SNAPSHOT-Wall St rises at open as Powell calms taper fears

US STOCKS SNAPSHOT-Wall St rises at open as Powell calms taper fears

Wall Street's main indexes opened higher on Wednesday after comments from the Federal Reserve fueled hopes the central bank would stick to its accommodative monetary policy despite a sharp jump in inflation last month.

The Dow Jones Industrial Average rose 32.0 points, or 0.09%, at the open to 34920.83. The S&P 500 rose 10.9 points, or 0.25%, at the open to 4380.11​, while the Nasdaq Composite rose 103.2 points, or 0.70%, to 14780.9 at the opening bell.

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