US: Stocks open higher after recovery in China

[NEW YORK] Wall Street opened higher on Thursday after Chinese stocks recovered and the US Federal Reserve's June meeting minutes indicated that a rate hike might be pushed back.

The Dow Jones industrial average rose 168.63 points, or 0.96 per cent, to 17,684.05, the S&P 500 gained 18.76 points, or 0.92 per cent, to 2,065.44 and the Nasdaq Composite added 65.15 points, or 1.33 per cent, to 4,974.91.

REUTERS