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Wall Street opens higher as China fears ease, oil price rise

The Dow Jones industrial average rose 154.47 points, or 0.96%

A Wall St. sign is seen outside the entrance of the New York Stock Exchange in New York's financial district
A Wall St. sign is seen outside the entrance of the New York Stock Exchange in New York's financial district
Reuters
Last Updated : Sep 02 2015 | 8:06 PM IST

US stocks opened up almost 1 percent on Wednesday, rebounding from steep losses a day earlier, after fresh intervention from China to support its markets helped calm jittery investors and oil prices reversed course to trade higher.

The Dow Jones industrial average rose 154.47 points, or 0.96 percent, to 16,212.82, the S&P 500 gained 18.62 points, or 0.97 percent, to 1,932.47 and the Nasdaq composite added 64.45 points, or 1.39 percent, to 4,700.56.

 

 

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First Published: Sep 02 2015 | 7:14 PM IST

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