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US: Wall St rises at open after 3-week decline

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US stocks opened higher on Monday after a 3-week losing skid for the S&P 500, as a recovery in the euro helped reassure US investors who had been concerned about the impact of a robust dollar on the earnings of multinational companies.

[NEW YORK] US stocks opened higher on Monday after a 3-week losing skid for the S&P 500, as a recovery in the euro helped reassure US investors who had been concerned about the impact of a robust dollar on the earnings of multinational companies.

The Dow Jones industrial average rose 74.95 points, or 0.42 per cent, to 17,824.26, the S&P 500 gained 7.88 points, or 0.38 per cent, to 2,061.28 and the Nasdaq Composite added 24.09 points, or 0.49 per cent, to 4,895.84.

REUTERS

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