U.S. Stocks Open Higher, On Track For Second Day Of Gains

U.S. stocks opened higher Wednesday, building on Tuesday's gains, as global markets continued to shake off worries about the impact of the U.K.'s vote last week to quit the European Union. A rise in crude-oil prices also offered support to stocks. The Dow Jones Industrial Average gained 103 points, or 0.6%, to 17,516, the S&P 500 index rose 15 points, or 0.8%, to 2,052, while the Nasdaq Composite Index advanced 41 points, or 0.9%, to 4,733. The two-day climb comes after a brutal two-day rout in global equities that saw more than $3 trillion in value washed away following Britain's referendum to leave the EU, known as Brexit.

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