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US stock market opens higher following worst day in 3 weeks

Published May 03, 2016

Associated Press

The stock market is opening higher following its worst day in three weeks.

The Dow Jones industrial average rose 37 points, or 0.2 percent, to 18,078 as of 9:35 a.m. Eastern time Wednesday.

The Standard & Poor's 500 index edged up three points, or 0.1 percent, to 2,107. The Nasdaq composite climbed nine points, or 0.2 percent, to 5,041.

Oil fell 42 cents to $57.61 a barrel in New York.

Bond prices fell, pushing up the yield on the 10-year Treasury note to 2.14 percent.

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