Wall Street Opens Higher as Reports Fuel Trade Deal Hopes

The New York Times Finance 2 months ago

(Reuters) - U.S. stocks opened higher for the first time in three sessions on Wednesday, boosted by technology shares, as latest media reports raised hopes of progress in high-level trade talks between the U.S. and China, after a turbulent start to the week.

The Dow Jones Industrial Average rose 144.19 points, or 0.55%, at the open to 26,308.23. The S&P 500 opened higher by 18.04 points, or 0.62%, at 2,911.10. The Nasdaq Composite gained 72.18 points, or 0.92%, to 7,895.96 at the opening bell.

(Reporting by Shreyashi Sanyal in Bengaluru; Editing by Shounak Dasgupta)


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