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Wall St climbs at open as oil rises

The US Federal Reserve's policy statement also contributed to the rise

Reuters New York

U.S. stocks opened higher on Thursday, building on gains in the prior session after the U.S. Federal Reserve's policy statement and as oil prices showed signs of steadying.

The Dow Jones industrial average rose 130.04 points, or 0.75 percent, to 17,486.91, the S&P 500 gained 16.03 points, or 0.8 percent, to 2,028.92 and the Nasdaq Composite added 63.20 points, or 1.36 percent, to 4,707.51.

 

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First Published: Dec 18 2014 | 8:04 PM IST

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