Business Standard

Wall Street opens higher as trade tensions ease

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Reuters

(Reuters) - U.S. stock indexes opened higher on Monday on signs of easing U.S.-China trade tensions after President Donald Trump softened his stance on ZTE Corp, pledging to help the Chinese technology company "get back into business, fast".

The Dow Jones Industrial Average rose 48.20 points, or 0.19 percent, at the open to 24,879.37. The S&P 500 opened higher by 5.65 points, or 0.21 percent, at 2,733.37. The Nasdaq Composite gained 26.57 points, or 0.36 percent, to 7,429.45 at the opening bell.

(Reporting by Sruthi Shankar in Bengaluru; Editing by Anil D'Silva)

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First Published: May 14 2018 | 7:38 PM IST

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