Wall Street Inches Higher at Open, CPI Data in Focus

Wall Street’s main indexes opened marginally higher on Wednesday, following a risk-off session triggered by a Moody’s downgrade of some banks, with focus now on an inflation report this week after mostly dovish comments from Fed officials.

The Dow Jones Industrial Average rose 9.79 points, or 0.03 percent, at the open to 35,324.28.

The S&P 500 opened higher by 2.19 points, or 0.05 percent, at 4,501.57, while the Nasdaq Composite gained 13.28 points, or 0.10 percent, to 13,897.61 at the opening bell.