Business Standard

Wall Street opens higher on trade deal optimism

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Reuters

(Reuters) - U.S. stocks opened higher on Wednesday, buoyed by hopes that the ongoing U.S.-China trade talks could result in an agreement, while benign inflation data did little to change the outlook on interest rates.

The Dow Jones Industrial Average rose 55.10 points, or 0.22 percent, at the open to 25,480.86. The S&P 500 opened higher by 5.57 points, or 0.20 percent, at 2,750.30. The Nasdaq Composite gained 22.84 points, or 0.31 percent, to 7,437.46 at the opening bell.

(Reporting by Shreyashi Sanyal in Bengaluru; Editing by Sriraj Kalluvila)

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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First Published: Feb 13 2019 | 8:05 PM IST

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