U.S. Stocks Open Higher As Oil Rebounds

By Anora Mahmudova Markets MarketWatch Pulse

U.S. stocks opened higher on Wednesday, extending gains to a third straight day as higher oil prices lifted sentiment. The main indexes were on track to claw back some of the losses during the brutal first week of the year. The S&P 500 opened 7 points, or 0.4%, higher at 1,947. The Dow Jones Industrial Average added 60 points, or 0.4%, to 16,573. Meanwhile, the Nasdaq Composite began the day up 18 points, or 0.4%, at 4,703.

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