US stocks have opened higher after central banks in Europe, Britain, Japan and Brazil held off from further loosening already accommodative monetary policies despite facing weak growth.
Five minutes into trade on Thursday, the Dow Jones Industrial Average rose 36.11 points, or 0.25 per cent, to 14,332.35, after setting a fresh all-time closing high on Wednesday at 14,296.24.
The broad-based S&P 500 gained 3.42 points, or 0.22 per cent, at 1,544.88.
The tech-rich Nasdaq Composite rose 4.40 points, or 0.14 per cent, to 3,226.77.
Traders remained cautious but there were no signs yet that investors believed the market was overvalued.
"The lack of selling interest reflects concerns about missing out on further gains and getting mentally whipsawed again by the sight of the market quickly bouncing back from any type of dip," said Patrick O'Hare of Briefing.com.
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