Wall Street opens higher after jobs data

US stocks opened higher on Wednesday after data showed a better-than-expected rise in private sector jobs in September, fueling hopes for a strong reading in Friday's payrolls report.

The Dow Jones industrial average rose 93.07 points, or 0.58%, to 16,142.2, the S&P 500 gained 13.69 points, or 0.73%, to 1,897.78 and the Nasdaq composite added 58.39 points, or 1.29%, to 4,575.72.