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PYPL — PayPal Holdings News Story

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US STOCKS SNAPSHOT-Wall St opens higher as investors weigh earnings; PayPal jumps

US STOCKS SNAPSHOT-Wall St opens higher as investors weigh earnings; PayPal jumps

- Wall Street's main indexes opened higher on Wednesday, as investors weighed softer-than-expected producer inflation data and a flurry of corporate earnings, while PayPal surged on report of a $53 billion takeover offer.

The Dow Jones Industrial Average .DJI rose 95.9 points, or 0.18%, at the open to 52604.2. The S&P 500 .SPX gained 28.1 points, or 0.37%, to 7571.72​, while the Nasdaq Composite .IXIC advanced 154.2 points, or 0.59%, to 26261.183 at the opening bell.


(Reporting by Ragini Mathur; Editing by Joyjeet Das)

((Ragini.Mathur@thomsonreuters.com;))

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