Associate Sponsors

Co-sponsor

Wall Street opens higher on trade hopes, progress to avert government shutdown

Image
Reuters
Last Updated : Feb 12 2019 | 8:35 PM IST

(Reuters) - U.S. stocks opened higher on Tuesday, buoyed by a tentative deal reached by U.S. lawmakers to avoid another partial government shutdown and as the United States and China expressed optimism about the ongoing trade talks.

The Dow Jones Industrial Average rose 98.92 points, or 0.39 percent, at the open to 25,152.03. The S&P 500 opened higher by 12.81 points, or 0.47 percent, at 2,722.61. The Nasdaq Composite gained 50.95 points, or 0.70 percent, to 7,358.85 at the opening bell.

(Reporting by Shreyashi Sanyal in Bengaluru; Editing by Sriraj Kalluvila)

Disclaimer: No Business Standard Journalist was involved in creation of this content

More From This Section

First Published: Feb 12 2019 | 8:28 PM IST

Next Story