Wall St opens higher after inflation data, strong bank earnings

Wall Street's main indexes opened higher on Wednesday, as data showed core inflation rose less than expected in December and investors cheered a strong batch of quarterly results from the biggest U.S. banks.

The Dow Jones Industrial Average rose 409.5 points, or 0.96%, at the open to 42,927.76. The S&P 500 rose 62.3 points, or 1.07%, at the open to 5,905.21​, while the Nasdaq Composite rose 305.9 points, or 1.61%, to 19,350.313 at the opening bell.

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