U.S. Stocks Open Higher After Soft ADP Report

U.S. stocks opened higher Wednesday, looking to end a three-day losing streak as earnings-driven by Priceline and First Solar helped lead the S&P 500 higher after a softer-than-expected reading on private payroll growth stoked ideas the Federal Reserve might not be so hasty about hiking rates.The Dow Jones Industrial Average opened up, 7.69 points, or 0.1%, to 17,573.38, while the S&P 500 ticked higher nearly 10 points, or 0.5%, to 2,103.1, and the Nasdaq Composite Index jumped 26 points, or 0.5%, to 5,133.32.

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