Wall St opens with slight gains after ECB action
Also, a flurry of economic data indicated the US economy was steadily improving
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A man uses his mobile phone to take a picture of the euro sculpture outside the head quarters of the European Central Bank (ECB) in Frankfurt. REUTERS
US stocks opened slightly higher on Thursday, after the European Central Bank cut interest rates to record lows and a flurry of economic data indicated the U.S. economy was steadily improving.
The Dow Jones industrial average rose 16.06 points or 0.09%, to 17,094.34, the S&P 500 gained 2.31 points or 0.12%, to 2,003.03 and the Nasdaq Composite added 9.15 points or 0.2%, to 4,581.71.
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First Published: Sep 04 2014 | 7:16 PM IST