U.S. Stocks Open Higher As Dollar Eases

U.S. stocks opened higher Thursday, rebounding after two straight days of selling as the dollar's surge abated. Investors digested a slew of mixed economic reports, which provided few if any hints of whether the Federal Reserve will raise interest rates in the middle of this year. The S&P 500 opened 11 points, or 0.6%, higher at 2,051.88. The Dow Jones Industrial Average added 118 points, or 0.7%, to 17,757.92. The Nasdaq Composite began the day up 15 points, or 0.3%, at 4,864.52.

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