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US stocks open a tick higher

AFP

US stocks opened slightly higher Wednesday following a stream of mixed economic data in the last trading session ahead of the Thanksgiving holiday.

Five minutes into trade, the Dow Jones Industrial Average stood at 17,815.96, up 3.77 points (0.02 percent).

The broad-based S&P 500 added 0.54 (0.03 percent) at 2,089.68, while the tech-rich Nasdaq Composite Index rose 6.51 (0.13 percent) to 5,109.32.

US data showed a dip in weekly jobless claims, but a disappointing gain of just 0.1 percent in personal spending in October. Durable goods orders rose a solid 3.0 percent based on strong transportation orders.

Trading volumes were expected to be light due to Thanksgiving. US stock markets are shut Thursday and will close early on Friday.