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Wall Street opens higher as Ukraine worry eases

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Reuters NEW YORK

NEW YORK (Reuters) - U.S. stock opened higher on Wall Street Wednesday as geopolitical tensions eased after Western powers agreed to hold off on more damaging economic sanctions against Russia unless it went beyond its seizure of Crimea.

The Dow Jones industrial average rose 91.9 points or 0.56 percent, to 16,459.78, the S&P 500 gained 9.39 points or 0.5 percent, to 1,875.01 and the Nasdaq Composite added 27.751 points or 0.66 percent, to 4,262.019.

(Reporting by Chuck Mikolajczak; Editing by Nick Zieminski)

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First Published: Mar 26 2014 | 7:05 PM IST

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