Stocks open higher as investors shrug off presidential debate

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U.S. stocks rose Wednesday after trading initially lower in pre-market hours as analysts said the first presidential election debate didn’t provide much of an outlook on the coming November election. The S&P 500 rose 0.4% to 3,348. The Dow Jones Industrial Average advanced 182 points, or 0.7%, to 27,635. The Nasdaq Composite rose 0.2% to 11,111. Investors say the debate was unlikely to affect the trajectory of the presidential race. And in U.S. economic data on Wednesday morning, Automatic Data Processing said 749,000 private-sector jobs had been created in September, ahead of estimates for a gain of 650,000
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