Wall Street reverses course to trade higher

(Reuters) – Wall Street’s main indexes inched higher on Wednesday morning, reversing course from losses earlier in the session that were sparked by stronger-than-expected inflation data.

The Dow Jones Industrial Average .DJI rose 28.14 points, or 0.11 percent, to 24,668.59. The S&P 500 .SPX gained 10.09 points, or 0.39 percent, to 2,673.03. The Nasdaq Composite .IXIC added 55.47 points, or 0.79 percent, to 7,068.98.

Reporting by Sruthi Shankar in Bengaluru; Editing by Savio D’Souza



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