U.S. stocks open slightly higher after trade deficit data

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U.S. stocks opened slightly higher Wednesday as investors digested data showing the U.S. trade deficit widened sharply in April. The Dow Jones Industrial Average edged up 0.1% soon after the opening bell:

U.S. stocks opened slightly higher Wednesday as investors digested data showing the U.S. trade deficit widened sharply in April. The Dow Jones Industrial Average DJIA, +0.11% edged up 0.1% soon after the opening bell, while the S&P 500 SPX, +0.

32% rose less than 0.1% and the Nasdaq Composite COMP, +0.60% gained 0.1%, according to FactSet data, at last check. The Commerce Department said Wednesday that the U.S. trade deficit widened 23% in April to the largest in six months as imports rose and exports fell.

 

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