New York--Wall Street stocks opened higher Tuesday following solid bank earnings and a jump in US retail sales in March.
Five minutes into trade, the Dow Jones Industrial Average was at 18,019.28, up 42.24 points (0.23 percent).
The broad-based S&P 500 added 3.26 (0.16 percent) at 2,095.69, while the tech-rich Nasdaq Composite Index rose 6.39 (0.13 percent) to 4,994.64.
Dow member JPMorgan Chase leaped 2.4 percent after first-quarter earnings jumped 12.2 percent from a year ago to $5.9 billion.
Wells Fargo shed 1.2 percent as earnings slipped 1.5 percent to $5.8 billion on higher expenses. However the results translated into $1.04 per share, six cents above analyst expectations.
US retail sales rose 0.9 percent in March, rebounding from a three-month slump in the strongest gain in a year.
AFP
