US: Wall St opens higher after Trump delays tariff deadline
[NEW YORK] US stocks opened higher on Monday, led by industrial and technology shares, fueled by hopes of a trade resolution between the United States and China after President Donald Trump said he would delay a hike in tariffs on Chinese imports.
The Dow Jones Industrial Average rose 94.34 points, or 0.36 per cent, at the open to 26,126.15.
The S&P 500 opened higher by 11.68 points, or 0.42 per cent, at 2,804.35. The Nasdaq Composite gained 57.76 points, or 0.77 per cent, to 7,585.30 at the opening bell.
REUTERS
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Capital Markets & Currencies
Singapore stocks end week in the red; STI down 0.1%
Asia: Markets track Wall Street higher as rate hopes rise, eyes on US jobs
H2G Green chief to stand trial on Aug 5 amid MOM probe
Singapore shares climb at Friday’s open; STI up 0.2%
Stocks to watch: DBS, KIT, Clint, Elite Commercial Reit
Europe: Shares ease after Federal Reserve decision, mixed earnings