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U.S. stocks opened higher on Wednesday as Disney's surprise quarterly profit and a slate of upbeat results from healthcare companies lifted sentiment ahead of service sector data.
At 9:30 a.m. ET, the Dow Jones Industrial Average .DJI was up 0.77% at 27,034.4. The S&P 500 .SPX was up 0.48% at 3,322.27 and the Nasdaq Composite .IXIC was up 0.24% at 10,967.139. The top three S&P 500 .PG.INX percentage gainers: ** Assurant Inc
BUZZ-Shares jump after stellar Q2 report ** Pioneer Natural Resources Co PXD.N: up 1.9%
BUZZ-CS raises PT on long-term forecast ** Walt Disney Co DIS.N: up 6.2%
BUZZ-Street View: All about showbiz for Walt Disney ** Exxon Mobil Corp XOM.N: up 1.0% ** Chevron Corp CVX.N: up 1.2%
BUZZ-Oil stocks rise as crude hits 5-month high on big drop in U.S. inventories ** ARC Document Solutions ARC.N: up 3.8%
BUZZ-Rises as cost cuts help offset pandemic hit ** Callon Petroleum Co CPE.N: down 4.3%
BUZZ-Slips on reverse stock split plans, Q2 loss ** Emerson Electric Co EMR.N: up 3.9%
BUZZ-Street View: Emerson Electric's outlook sounds encouraging ** BorgWarner Inc BWA.N: up 2.1%
BUZZ-Gains on beating qtrly expectations, raising outlook ** Regeneron Pharmaceuticals Inc REGN.O: up 1.4%
BUZZ-Rises on Q2 profit, revenue beat ** Capri Holdings Ltd CPRI.N: up 13.4%
BUZZ-Rises on better-than-feared Q1 results ** Novavax Inc NVAX.O: up 19.8%
BUZZ-Surges as JP Morgan upgrades, says COVID-19 vaccine looks 'best-in-class' ** Johnson & Johnson JNJ.N: up 1.1%
BUZZ-Rises on over $1 bln deal with U.S. govt for COVID-19 vaccine ** Apple Inc AAPL.O: down 0.1%
BUZZ-Falls after BofA downgrades on potential risks to gross margins
The 11 major S&P 500 sectors:
Communication Services
.SPLRCL
up 0.33%
Consumer Discretionary
.SPLRCD
up 0.40%
Consumer Staples
.SPLRCS
up 0.13%
Energy
.SPNY
up 1.23%
Financial
.SPSY
up 1.21%
Health
.SPXHC
up 0.50%
Industrial
.SPLRCI
up 1.09%
Information Technology
.SPLRCT
up 0.14%
Materials
.SPLRCM
up 1.48%
Real Estate
.SPLRCR
down 0.08%
Utilities
.SPLRCU
up 0.04%
(Compiled by Shivani Kumaresan in Bengaluru)
((Shivani.Kumaresan@thomsonreuters.com ; +1 646 223 8780))
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.