Wall Street opens up on economic data

NEW YORK (Reuters) - U.S. stocks opened higher on Thursday data as from around the world pointed to improving economic conditions and Procter & Gamble reported strong results.

The Dow Jones industrial average <.DJI> was up 54.85 points, or 0.35 percent, at 15,554.39. The Standard & Poor's 500 Index <.SPX> was up 8.96 points, or 0.53 percent, at 1,694.69. The Nasdaq Composite Index <.IXIC> was up 28.56 points, or 0.79 percent, at 3,654.93.

(Reporting by Ryan Vlastelica; Editing by Nick Zieminski)