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Wall Street edges up at open after Yellen statement



    NEW YORK (Reuters) - Stocks opened slightly higher on Tuesday after Federal Reserve Chair Janet Yellen reinforced the Fed's plan to scale back its market-friendly stimulus while noting the health of the labor market needed to improve.

    The Dow Jones industrial average rose 32.94 points or 0.21 percent, to 15,834.73, the S&P 500 gained 1.94 points or 0.11 percent, to 1,801.78 and the Nasdaq Composite added 8.868 points or 0.21 percent, to 4,157.042.

    (Reporting by Chuck Mikolajczak; Editing by Nick Zieminski)