Wall Street opens higher as investors await economic data, Powell comments

NEW YORK (REUTERS)

Wall Street's main indexes opened higher on Wednesday, with the benchmark S&P 500 and the Nasdaq hitting all-time highs as investors focused on upcoming economic data as well as remarks from Federal Reserve Chair Jerome Powell.

The Dow Jones Industrial Average rose 235.5 points, or 0.53%, at the open to 44,941.05. The S&P 500 rose 19.5 points, or 0.32%, at the open to 6,069.39​, while the Nasdaq Composite rose 106.6 points, or 0.55%, to 19,587.477 at the opening bell.