US stocks open higher, Dow again aiming for 26K mark
|Major US equity indices regained traction on Wednesday and moved back within striking distance of record levels, touched in the previous session.
The move comes a day after the Dow Jones Industrial Average (DJIA) saw its biggest one-day reversal in almost two-years amid growing concerns of a possible government shutdown.
Meanwhile, investors' focus would remain on a flurry of corporate earnings results, especially from financial heavyweights. Against the backdrop of stretched valuations, earnings reports might now turn out to be a key determinant of the trading sentiment in the near-term.
Traders on Wednesday will also be closely listening to remarks by various Fed officials, namely - Chicago Fed President Charles Evans and Dallas Fed President Rob Kaplan and Cleveland Fed President Loretta Mester.
At the time of writing, DJIA was up over 100-points to 25,895 and the broader S&P 500 Index climbed nearly 6-points to 2,782. Meanwhile, tech-heavy Nasdaq Composite Index added around 20-points to 7,242.
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