Summary Dow Jones Industrial Average stood at 18,062.53, up 8.95 points (0.05 percent).
NEW YORK (AFP) - US stocks opened higher Wednesday following solid Bank of America earnings and a confirmation from Federal Reserve Chair Janet Yellen that an interest rate hike was still seen in 2015.
Five minutes into trade, the Dow Jones Industrial Average stood at 18,062.53, up 8.95 points (0.05 percent).
The broad-based S&P 500 rose 2.08 (0.10 percent) to 2,111.03, while the tech-rich Nasdaq Composite Index gained 12.07 (0.24 percent) at 5,116.96.
Bank of America jumped 2.7 percent after second-quarter earnings more than doubled to $5.3 billion on a big drop in legal costs.
Yellen said the Fed still planned to raise rates in 2015 due to the improving economy, though she warned that continued turbulence from Greece and China poses risks to the US growth picture.
