Wall Street rises at the opening bell

9.42am: Proactive North America headlines: Else Nutrition Holdings Inc (CVE:BABY) (OTCMTKS:BABYF) (FRA:0YL) achieving high market penetration and rapid growth in online and retail sales in US Genprex Inc (NASDAQ:GNPX) (FRA:2DE)  gears up for patient enrollment in its Acclaim-1 REQORSA trial after FDA feedback HighGold Mining Inc (CVE:HIGH) (OTCQX:HGGOF) expands drill area for Johnson Tract in Alaska Australis Capital Inc (CSE:AUSA) (OTCMKTS:AUSAF) says Audacious Brands gets foothold in Massachusetts market in partnership with Belle Fleur and Rapper Weed Delta 9 Cannabis Inc (TSE:DN) (OTCQX:DLTNF) (FRA:V5D1) sees its 2Q revenue climbing as much as 33% to C$17.3M Binovi Technologies Corp (CVE:VISN) (OTCQB:BNVIF) introduces web-based Binovi Touch to the more than 800,000 Babe Ruth League families Amarillo Gold Corp (CVE:AGC) (OTCQB:AGCBF) (FRA:72A) hits gold beginning at surface at its Lavras do Sul project, Brazil Versus Systems Inc (NASDAQ:VS) (FRA:BMVB) powers fan engagement at 2021 Bassmaster Classic in Texas Plurilock Security Inc (CVE:PLUR) (OTCQB:PLCKF) secures order from California county government in competitive bid Bioasis Technologies Inc (CVE:BTI) (OTCQB:BIOAF) (FRA:107) strikes convertible security funding agreement for institutional investment of up to C$10M Benchmark Metals Inc (CVE:BNCH) (OTCQX:BNCHF) granted new work permit to advance Lawyers gold-silver project Los Andes Copper Ltd (CVE:LA) (OTCMKTS:LSANF) (FRA:L41A) says PFS metallurgical testing at Chile project has underscored its significant potential 9.39am: Wall Street opens in green The main indices on Wall Street opened in the green on Wednesday morning as fears of inflation began to ease across global markets. In the first minutes of trading, the Dow Jones Industrial Average was up 0.1% at 33,980 while the S&P 500 climbed 0.09% to 4,250 and the Nasdaq rose 0.23% to 14,286. Meanwhile, over in the crypto markets, Bitcoin was continuing its rebound after yesterday’s brief slide below US$30,000, rising 16.6% in the last 24 hours to US$34,594. 7:40am: Wall Street set to open higher Wall Street is set for a positive start after Federal Reserve chair Jerome Powell played down fears of inflation, easing concerns about the central bank tapering its support programme and planning interest rate rises. The Dow Jones Industrial Average is expected to open 0.2% or 69 points higher, while the S&P 500 is forecast to climb 0.5%. The Nasdaq Composite, which hit a new record on Tuesday, is indicated 0.8% higher. Sophie Griffiths, market analyst at Oanda, said: " Comments from the Fed's head honcho appear to be calming the rattled market stateside. Moreover, the downplaying of the risk of an early move to tighten monetary policy has lifted sentiment, with the tech-heavy Nasdaq the clear winner." Later comes the latest snapshot of the US economy with the purchasing manager reports for June. Among the movers in premarket trading, pharmaceutical group Biogen is 1.5% better after the US Food and Drug Administration approved its Alzheimer's drug. Three things to watch for on Wednesday: Firms in the mid-week earnings calendar include information firm IHS Markit Ltd (NYSE:INFO), business services group Concentrix Corp (NASDAQ:CNXC) and housebuilder KB Home (NYSE:KBH) Crypto markets will be back in focus after Bitcoin and other digital currencies mounted a recovery following Tuesday’s flash crash In macro news, aside from the flash PMI readings, US mortgage application data may provide some clarity on the state of the housing market