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Wall Street opens higher on positive Chinese trade data

Dow Jones industrial average was up 34.86 points, or 0.21%, at 16,551.08

A Wall Street sign is pictured in the rain outside the New York Stock Exchange in New York.

A Wall Street sign is pictured in the rain outside the New York Stock Exchange in New York.

Reuters

US stocks opened higher on Wednesday as crude oil prices finally rose on positive Chinese trade data that allayed concerns about the health of the world's second-biggest economy.

The Dow Jones industrial average was up 34.86 points, or 0.21%, at 16,551.08. The S&P 500 was up 5.65 points, or 0.29%, at 1,944.33 and the Nasdaq Composite index was up 19.38 points, or 0.41%, at 4,705.30.

 

 

 

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First Published: Jan 13 2016 | 8:20 PM IST

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