Wall Street opens higher after U.S. treasury secretary's tax reform statements

U.S. stock indices rose at the open on Wednesday after U.S. treasury secretary confirmed the plans to cut corporate taxes to 15% from 35% in what he called the biggest tax reform in U.S. history. 

The secretary's comments came before the announcement of the overall plans to reform taxes, which the U.S. administration got the initial approval for from the Congress, buoying stocks. 

On the other hand,the dollar rose as analysts expect the tax reforms plans will diminish concerns about U.S. government closure this week. 

Standard and Poor's 500 rose 0.15%, or 3.60 points to 2,382.21, while Dow Jones added 0.18%, or 37.70 points to 21,033.82. 

Tech-heavy NASDAQ inched up 0.06%, or 3.56 points to 6,029.06.