US stocks open higher on manufacturing data

Just after the opening bell, the Dow Jones industrial average is up 78 points, or 0.6 per cent, to 12,713. The broader Standard & Poor's 500 index is up 9 points, or 0.7 per cent, to 1,322. The Nasdaq composite is up 19 points, or 0.7 per cent, to 2,833.