U.S. stocks open higher, set to extend record climb

U.S. stocks opened higher Wednesday, pushing the S&P 500 and Dow industrials to fresh all-time highs. Record-low sovereign bond yields, which tumbled again on Wednesday, along with a cautious Federal Reserve has fueled demand for U.S. equities, even as oil prices slumped on Wednesday. The Dow Jones Industrial Average added 32 points, or 0.2%, to 18,381, the S&P 500 index gained 3 points, or 0.1%, to 2,155, while the Nasdaq Composite Index added 11 points, or 0.2%, to 5,032.

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