U.S. Stocks Open Higher; General Motors Rallies After Results

By MarketWatch Pulse

U.S. stocks opened higher on Wednesday as deal news and an expected market debut of Ferrari lifted sentiment. Investors continued to take in a barrage of earnings reports, including results from General Motors , Boeing Co and Coca-Cola . The S&P 500 opened 7 points, or 0.3%, higher at 2,037. The Dow Jones Industrial Average rose 50 points, or 0.3%, to 17,275. The Nasdaq Composite began the day up 21 points, or 0.4%, at 4,902.

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