Wall Street opens higher as M&A heats up

2010-03-10 14:52:16 GMT2010-03-10 22:52:16 (Beijing Time) SINA.com

NEW YORK – Wall Street rose at the open on Wednesday as a slew of new corporate deals and a surge in bailed out U.S. financial stocks boosted investor sentiment.

The Dow Jones industrial average (.DJI) was up 16.71 points, or 0.16 percent, at 10,581.09. The Standard & Poor's 500 Index (.SPX) gained 2.45 points, or 0.21 percent, at 1,142.90. The Nasdaq Composite Index (.IXIC) rose 5.62 points, or 0.24 percent, at 2,346.30.

(Agencies)

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