Wall Street gains at open after upbeat economic data

FILE PHOTO: A trader adjusts his mask as he works on the floor of the New York Stock Exchange as the outbreak of the coronavirus disease (COVID-19) continues in the Manhattan borough of New York, U.S., May 28, 2020. REUTERS/Lucas Jackson/File Photo

(Reuters) – Wall Street opened higher on Wednesday as upbeat data raised hopes that a domestic economic rebound was on track, while investors remained cautious after a heated presidential debate pointed to a tough election race ahead.

The Dow Jones Industrial Average .DJI rose 61.98 points, or 0.23%, at the open to 27,514.64. The S&P 500 .SPX opened higher by 5.74 points, or 0.17%, at 3,341.21. The Nasdaq Composite .IXIC gained 7.65 points, or 0.07%, to 11,092.90 at the opening bell.

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