US open: Stocks jump on the back of slightly better-than-expected data

Wall Street was moving higher still shortly after the open, on the back of slightly better-than-expected readings for US consumption and on the outlook for inflation.
At 1536 BST, the Dow Jones Industrial Average was trading up by 0.11% at 44,927.46, alongside a 0.71% gain for the S&P 500 to 6,114.76 - a fresh record high.
The Nasdaq Composite meanwhile was adding 1.35% to 19,944.10.
In the background, the US dollar and gold futures were higher, amid reports that the White House was set to impose 25% tariffs on Canada and Mexico on Saturday.
West Texas crude oil futures were down 0.58% to $72.31 a barrel on NYMEX and the yield on the 10-year US Treasury note was little changed.
According to the Department of Commerce, personal consumption expenditures jumped in December by 0.7% month-on-month (consensus: 0.6%).
Core PCE price gains were steady at 2.8% year-on-year.
The three and six-month core PCE measures however had continued to move lower and Paul Ashworth at Capital Economics expected them to continue to do so.
However, in a research note sent to clients Ashworth cautioned that an earlier-than-expected imposition of tariffs posed an upside risk.
Core PCE is the Fed's preferred inflation gauge.
Shares of Apple were climbing 1.4% after the tech giant's latest quarterly results.
Dow Jones - Risers
Intel Corp. (INTC)$19.951.92%
Salesforce.Com Inc. (CRM)$347.301.09%
Cisco Systems Inc. (CSCO)$61.111.04%
Visa Inc. (V)$346.170.91%
Verizon Communications Inc. (VZ)$39.820.89%
Merck & Co. Inc. (MRK)$99.710.77%
Apple Inc. (AAPL)$241.180.59%
JP Morgan Chase & Co. (JPM)$269.580.50%
Dow Chemical Co. (DOW)$38.690.35%
Home Depot Inc. (HD)$415.820.32%
Dow Jones - Fallers
Walgreens Boots Alliance, Inc. (WBA)$9.62-16.28%
Chevron Corp. (CVX)$148.83-4.79%
International Business Machines Corporation (CDI) (IBM)$254.41-1.49%
Procter & Gamble Co. (PG)$166.24-0.70%
Travelers Company Inc. (TRV)$247.38-0.69%
Coca-Cola Co. (KO)$63.65-0.63%
Walmart Inc. (WMT)$98.21-0.45%
3M Co. (MMM)$153.76-0.41%
Walt Disney Co. (DIS)$113.15-0.25%
Johnson & Johnson (JNJ)$152.52-0.23%
S&P 500 - Risers
Eastman Chemical Co. (EMN)$100.228.15%
AbbVie Inc (ABBV)$189.447.85%
Lam Research Corp. (LRCX)$83.616.58%
KLA-Tencor Corp. (KLAC)$766.495.55%
Electronic Arts Inc. (EA)$122.864.74%
CIGNA Corp. (CI)$296.064.62%
Applied Materials Inc. (AMAT)$185.774.44%
Keysight Technologies Inc. (KEYS)$177.694.20%
Vertex Pharmaceuticals Inc. (VRTX)$460.004.03%
Texas Instruments Inc (TXN)$188.073.56%
S&P 500 - Fallers
Walgreens Boots Alliance, Inc. (WBA)$9.69-15.71%
W.W. Grainger Inc. (GWW)$1,041.12-7.54%
Resmed Inc. (RMD)$241.84-6.14%
PPG Industries Inc. (PPG)$116.22-5.32%
Colgate-Palmolive Co. (CL)$86.20-5.16%
Hartford Financial Services Group Inc. (HIG)$108.96-4.63%
Chevron Corp. (CVX)$149.35-4.46%
Diamondback Energy Inc. (FANG)$165.36-4.32%
Hess Corp. (HES)$139.55-4.32%
Apache Corp. (APA)$22.40-4.01%
Nasdaq 100 - Risers
Lam Research Corp. (LRCX)$83.616.58%
KLA-Tencor Corp. (KLAC)$766.495.55%
Electronic Arts Inc. (EA)$122.864.74%
Applied Materials Inc. (AMAT)$185.774.44%
Vertex Pharmaceuticals Inc. (VRTX)$460.004.03%
Texas Instruments Inc (TXN)$188.073.56%
Cadence Design Systems Inc. (CDNS)$302.913.35%
Nvidia Corp. (NVDA)$126.303.34%
Western Digital Corp. (WDC)$67.443.19%
Micron Technology Inc. (MU)$94.083.11%
Nasdaq 100 - Fallers
Walgreens Boots Alliance, Inc. (WBA)$9.69-15.71%
Gen Digital Inc. (GEN)$26.90-3.13%
Fastenal Co. (FAST)$73.42-2.08%
DENTSPLY Sirona Inc. (XRAY)$19.92-2.04%
Align Technology Inc. (ALGN)$222.98-2.02%
Comcast Corp. (CMCSA)$33.67-1.97%
T-Mobile Us, Inc. (TMUS)$233.82-1.65%
Trip.com Group Limited (TCOM)$71.22-1.41%
Liberty Global plc Series A (LBTYA)$11.57-1.36%
Liberty Global plc Series C (LBTYK)$11.77-1.30%