The three major U.S. stock indices opened higher, with Intel rising 6% at the start of trading.

BlockBeats News, May 5th, U.S. stocks opened higher, with the Dow Jones up 0.45%, the S&P 500 index up 0.57%, and the Nasdaq up 0.76%. Storage concept stocks continued their rally, with Micron Technology (MU.O) up 6%, SanDisk (SNDK.O) up 3%, and Western Digital (WDC.O) up 3.5%. PayPal (PYPL.O) fell 10% after earnings. Intel (INTC.O) rose 6% at the open.

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