U.S. stocks open higher Tuesday after softer-than-anticipated wholesale inflation report

U.S. stocks opened higher Tuesday, after a report on wholesale price inflation pointed to signs of pressures easing. The Dow Jones Industrial Average
DJIA,
+0.63%
gained 0.9% soon after the opening bell, while the S&P 500
SPX,
+1.47%
rose 1.6% and the Nasdaq Composite
COMP,
+2.49%
climbed 2.5%, according to FactSet data, at last check. The producer-price index, which measures wholesale prices in the U.S., rose just 0.2% in October. That was softer than anticipated, with economists polled by The Wall Street Journal having forecast a 0.4% gain.