U.S. stocks opened slightly higher on Wednesday as cooling inflation eased some fears of an early reduction in monetary stimulus, while a slowing economic recovery and uncertainty over higher taxes kept gains in check.
The Dow Jones Industrial Average rose 3.4 points, or 0.01 per cent, at the open to 34580.95. The S&P 500 rose 4.4 points, or 0.10 per cent, at the open to 4447.49, while the Nasdaq Composite rose 33.6 points, or 0.22 per cent, to 15071.34 at the opening bell.
