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Wall St. opens higher after GDP data

NEW YORK (Reuters) - U.S. stocks opened higher on Wednesday after the first read on second-quarter economic growth came in much stronger than expected, overshadowing a weak report on the labor market.

The Dow Jones industrial average <.DJI> rose 56.48 points or 0.33 percent, to 16,968.59, the S&P 500 <.SPX> gained 7.75 points or 0.39 percent, to 1,977.7 and the Nasdaq Composite <.IXIC> added 27.91 points or 0.63 percent, to 4,470.61.

(Reporting by Chuck Mikolajczak; Editing by Bernadette Baum)

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