Stocks open higher, extending rebound from Monday rout

Stocks opened higher Wednesday, extending a bounce from a selloff that started the week as investors played down worries over the spread of the delta variant of the coronavirus that causes COVID-19 and took comfort in upbeat earnings reports. The Dow Jones Industrial Average DJIA, +0.78% was up 159 points, or 0.5%, at 34,671, while the S&P 500 SPX, +0.68% rose 0.4% to 4,340.40 and the Nasdaq Composite COMP, +0.61% gained 0.2% to trade at 14,527.95.