Source - SMW
US stock markets opened higher on Wednesday as technology stocks started to recover in the aftermath of the Petya ransomware cyber-attack, which impacted multiple companies around the globe.

The Senate delay to the Obamacare reforms hampered any major upward shift as investors, once again, question President Trump's ability to push through his proposed economic changes.

Shortly after the open, the tech-focused Nasdaq Composite was up 0.18% at 6,157.59. The Dow was up 0.43% at 21,401.24, while the S&P 500 rose by 0.41% to 2,401.24.

RISERS AND FALLERS

The largest risers on the Dow included JP Morgan, Caterpillar, Walt Disney and American Express, with all stocks up by over a percentage point apiece.

Risers on the broader based S&P included Arconic, TripAdvisor, Lincoln National and Perrigo. Each stock was up by around 3%.

COMMODITIES

At 2:45pm (GMT), WTI crude was 0.07% lower at $44.21 per barrel and Brent was up 0.1% at $46.75 per barrel. Gold was 0.45% firmer at $1,252.5 an ounce.

ECONOMIC NEWS

The international trade deficit was $65.9bn in May, down $1.2bn from $67.1bn in April, the US Census Bureau said today. Wholesale inventories for May were estimated at an end-of-month level of $593.4bn, up 0.3% from April 2017, and were up 1.8% from May 2016.

In addition, monthly pending home sales data is due later today.