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Wall Street opens higher as oil prices stabilise

The Dow Jones industrial average was up 140.46 points, or 0.88%, at 16,114.3

Traders work on the floor of the New York Stock Exchange

Traders work on the floor of the New York Stock Exchange

Reuters

U.S. stocks opened higher on Tuesday as cautious investors looked for bargains among beaten-down stocks and as oil prices stabilised.

The Dow Jones industrial average was up 140.46 points, or 0.88 percent, at 16,114.3.

The S&P 500 was up 15.98 points, or 0.86 percent, at 1,880.76.

The Nasdaq Composite was up 63.86 points, or 1.47 percent, at 4,401.37.

 

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First Published: Feb 16 2016 | 8:10 PM IST

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