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Wall Street climbs after China data; Yahoo jumps


    NEW YORK (Reuters) - U.S. stocks rose at the open on Wednesday after China's economic growth exceeded expectations and Yahoo shares rallied on the strength of revenue growth in Chinese e-commerce giant Alibaba, in which it has a stake.

    The Dow Jones industrial average rose 51.8 points, or 0.32 percent, to 16,314.36, the S&P 500 gained 7.02 points, or 0.38 percent, to 1,850 and the Nasdaq Composite added 31.464 points, or 0.78 percent, to 4,065.625.

    (Reporting by Chuck Mikolajczak; Editing by Bernadette Baum)