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Wall Street opens higher as oil prices rise

Dow Jones industrial average rose 82.71 points, or 0.49%

A Wall Street sign is pictured in the rain outside the New York Stock Exchange in New York.

A Wall Street sign is pictured in the rain outside the New York Stock Exchange in New York.

Reuters

US stocks opened higher on Wednesday as crude oil prices rose for the fourth day in a row, with Brent crude on track to post its best 4-day run in more than a month.

The Dow Jones industrial average rose 82.71 points, or 0.49%, to 16,872.9. The S&P 500 gained 9.96 points, or 0.5%, to 1,989.88 and the Nasdaq composite added 25.80 points, or 0.54%, to 4,774.16.

 

 

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First Published: Oct 07 2015 | 7:08 PM IST

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