US: Wall Street opens higher after Trump cools rhetoric on China
Wall Street’s main indexes opened higher on Monday (Oct 13) following Friday’s pullback, as investors returned to risk assets after President Donald Trump’s softer tone eased concerns over renewed U.S.-China trade tensions.
The Dow Jones Industrial Average rose 218.9 points, or 0.48 per cent, at the open to 45,698.46.
The S&P 500 rose 70.0 points, or 1.07 per cent, to 6,622.53, while the Nasdaq Composite rose 374.2 points, or 1.69 per cent, to 2,2578.674. REUTERS
Originally published by businesstimes.com.sg. Syndicated material does not necessarily reflect the views of Grazia British.
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