Stocks edge higher on Wall Street

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Dow Jones Industrial Average

Last Updated at 22 Dec 2014, 16:01 ET *Chart shows local time Dow Jones intraday chart
value change %
17959.44 +

Top winner and loser

Intel Corp.

37.21 +

Merck & Co. Inc.

58.96 -
value change %

Nasdaq Index

4781.42 +

S&P 500 Cash Index - Chicago Mercantile Exchange

2078.54 +

(Open): Wall Street stocks opened mostly higher buoyed by strong gains on the European markets and ahead of a raft of US economic data being released on Tuesday.

The Dow Jones Industrial Average was up 75 points, or 0.42%, at 17,879.42.

The S&P 500 index edged up 1.4 points to 2,072.05, but the Nasdaq fell 2.65 points to 4,762.73.

Home Depot, the home improvement retailer, was the lead riser on the Dow, up 1.2% in early trading.

Intel, IBM, Wal-Mart and Boeing were also up about 1%.

On the Nasdaq, shares in Caesars Entertainment Corporation jumped more than 19% after announcing a corporate restructuring.

Drug company Merck lost 1.37% while oil majors Chevron and Exxon Mobil slipped 1.19% and 0.64% respectively.

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