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US: Wall St opens higher ahead of potential US-UK deal announcement

US: Wall St opens higher ahead of potential US-UK deal announcement

By Swedan Margen

Fashion

Published Thu, May 8, 2025 · 09:46 PM

Wall Street’s main indexes opened higher on Thursday (May 8) on news that the United States was on the verge of signing a trade agreement with Britain, while chip stocks added to gains on the prospect of fewer export curbs on AI semiconductors.

The Dow Jones Industrial Average rose 198.6 points, or 0.48 per cent, at the open to 41,312.57.

The S&P 500 rose 32.3 points, or 0.57 per cent, at the open to 5,663.6​, while the Nasdaq Composite rose 182.0 points, or 1.03 per cent, to 17,920.154 at the opening bell. REUTERS

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Originally published by businesstimes.com.sg. Syndicated material does not necessarily reflect the views of Grazia British.

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