Wall St opens higher on hopes of debt deal breakthrough

FILE PHOTO: Traders work on the trading floor at the New York Stock Exchange (NYSE) in Manhattan, New York City, U.S. REUTERS/Andrew Kelly/File Photo

WALL Street's main indexes opened higher on Friday, buoyed by progress in negotiations over raising the U.S. debt ceiling, though data pointing to slightly hotter-than-expected inflation capped gains.

The Dow Jones Industrial Average rose 30.85 points, or 0.09%, at the open to 32,795.50.

The S&P 500 opened higher by 4.88 points, or 0.12%, at 4,156.16, while the Nasdaq Composite gained 38.32 points, or 0.30%, to 12,736.42 at the opening bell. - Reuters