US stocks continue to rise with focus on earnings

The US stock indices opened higher on Wednesday, amid anticipation of major US companies earnings results.

The World Health Organization stated that coronavirus infections have increased in the USs, Europe and Asia due to the new Delta strain, which has renewed fears of the pandemic spreading out of control.

The US government revealed that the average infection during the past seven days until Friday was about 30,000 cases, which is higher than June's average of 8,000 cases.

Coca-Cola reported its quarterly earnings results, and recorded strong sales in the second quarter.

As for stocks, Dow Jones rose 0.7% or 230 points to 34,740 as of 14:28 GMT, and S&P 500 rose 0.5% or 24 points to 4,347, while Nasdaq rose 0.4% or 65 points to 14,563.