• Wall Street's main indexes opened higher following Wednesday's slide.
• US economy grew at a softer pace than expected in Q3.

Following Wednesday's decline, major equity indexes in the US opened higher on Thursday despite disappointing growth data from the US. As of writing, the S&P 500 was up 0.6% on the day at 4,578, the Dow Jones Industrial Average was rising 0.5% at 35,664 and the Nasdaq Composite was gaining 0.66% at 15,337.

In its first estimate, the US Bureau of Economic Analysis said that the Real Gross Domestic Product expanded at an annualized rate of 2% in the third quarter. Although this reading came in lower than the market expectation of 2.7%, it doesn't seem to be having a negative impact on sentiment so far.

Among the 11 major S&P 500 sectors, the Real Estate Index is up 1% as the biggest gainer after the opening bell. On the other hand, the Communication Services Index is the only sector trading in the red, losing 0.15%.

S&P 500 chart (daily)