SNAPSHOT Wall Street opens higher with focus on inflation data

Wall Street’s main indexes opened higher on Wednesday as focus shifted to a key inflation reading due later in the week, which would provide clues on how aggressive the Federal Reserve’s monetary tightening could be this year.

The Dow Jones Industrial Average (.DJI) rose 49.93 points, or 0.15%, at the open to 33,754.03.

The S&P 500 (.SPX) opened higher by 13.10 points, or 0.33%, at 3,932.35, while the Nasdaq Composite (.IXIC) gained 52.36 points, or 0.49%, to 10,794.99 at the opening bell.