U.S. stocks opened modestly higher on Wednesday, as long-term Treasury yields retreated and investors weighed fresh data showing that wholesale inflation rose last month more than expected. The Dow Jones Industrial Average DJIA was up 0.3% soon after the opening bell, while the S&P 500 SPX gained 0.3% and the Nasdaq Composite COMP advanced 0.5%, according to FactSet data, at last check. Wholesale inflation, as measured by the producer-price index, increased 0.5% in September, according to a report Wednesday from the U.S. Bureau of Labor Statistics. That’s a bigger rise than the 0.3% increase forecast by economists polled…
