Wall Street opens higher after ECB decision, retail sales data
(Reuters) - U.S. stocks opened higher on Thursday on better-than-expected May retail sales data, while investors assessed the European Central Bank’s move to end its stimulus program and the U.S. Federal Reserve’s guidance on monetary policy.
The Dow Jones Industrial Average .DJI rose 53.45 points, or 0.21 percent, at the open to 25,254.65. The S&P 500 .SPX opened higher by 7.58 points, or 0.27 percent, at 2,783.21. The Nasdaq Composite .IXIC gained 27.84 points, or 0.36 percent, to 7,723.53 at the opening bell.
Reporting by Sruthi Shankar in Bengaluru; Editing by Anil D'Silva
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