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us-stock-exchangeWASHINGTON: US markets opened higher Monday as traders ignored more discord in fiscal cliff talks in Washington to follow Europe's bourses higher after Spain finally made an official request for bank rescue funds.

 

Five minutes into trade, the Dow Jones Industrial Average was up 53.83 points (0.41 percent) at 13,079.41.

 

The S&P 500 gained 6.82 (0.48 percent) to 1,423.00

 

The Nasdaq Composite added 18.91 (0.63 percent) at 3,029.15.

 

News Corp gained 1.3 percent after announcing a new head of its troubled British newspaper arm News International and said it was ending its iPad-only news app, The Daily.

 

Copyright AFP (Agence France-Presse), 2012

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