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Wall Street opens higher after strong retail sales data, Walmart results

The Dow Jones Industrial Average rose 34.83 points, or 0.14 per cent, at the open to 25,514.25

Wall Street's response to the Fed's tapering plan has so far been muted as a weaker dollar spurs optimism about developing-world assets	 photo: reuters
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Reuters
1 min read Last Updated : Aug 15 2019 | 7:41 PM IST

US stocks opened higher on Thursday as a surge in July retail sales and Walmart's robust results eased fears of a recession in the world's largest economy, while differing reports on the US-China trade dispute kept investors on edge.

The Dow Jones Industrial Average rose 34.83 points, or 0.14 per cent, at the open to 25,514.25.

The S&P 500 opened higher by 5.60 points, or 0.20 per cent, at 2,846.20. The Nasdaq Composite gained 16.26 points, or 0.21 per cent, to 7,790.20 at the opening bell.

 

 

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Topics :Wall StreetS&PDow Jones

First Published: Aug 15 2019 | 7:07 PM IST

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