Wall Street reverses course to trade higher

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(Reuters) – Wall Street’s main indexes inched higher on Wednesday morning, reversing course from losses earlier in the session that were sparked by stronger-than-expected inflation data.

The Dow Jones Industrial Average .DJI rose 28.14 points, or 0.11 percent, to 24,668.59. The SP 500 .SPX gained 10.09 points, or 0.39 percent, to 2,673.03. The Nasdaq Composite .IXIC added 55.47 points, or 0.79 percent, to 7,068.98.

Reporting by Sruthi Shankar in Bengaluru; Editing by Savio D’Souza

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