Dow opens 160 points higher in bid to avoid 3-session skid amid Italy turmoil

U.S. stocks opened modestly higher Wednesday as investors weighed the potential risk that Italy's latest political drama posed to global markets. The Dow Jones Industrial Average rose, the the S&P 500 advanced 0.6% at 2,705, and the Nasdaq Composite Index climbed 0.5% at 7,430. Italy's stocks and bonds, as well as the euro were all attempting to recover. A coalition government led by anti-establishment parties might be in the cards again for Italy, after it looked blocked earlier in the week.

Read the full story: U.S. stocks stage rebound as oil-related rally helps equities shake off Italian angst