US: Wall St opens higher on stimulus hopes
WALL Street opened higher on Monday, after China's plans for an interest rate reform reinforced hopes that major economies would act to counter the impact of escalating global trade tensions.
The Dow Jones Industrial Average rose 134.05 points or 0.52 per cent at the open to 26,020.06. Meanwhile, the S&P 500 opened higher by 24.80 points or 0.86 per cent at 2,913.48, and the Nasdaq Composite gained 110.19 points or 1.40 per cent to 8,006.18 at the opening bell.
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Capital Markets & Currencies
US dollar gains ground; subdued yen prompts Japan warning
Banks slip on Wednesday as STI falls 1.1%
Asia: Markets mixed as traders weigh rates outlook
SGX securities turnover jumps 37% in April; derivatives activity continues to gain ground
Singapore shares dip at Wednesday’s open; STI down 0.4%
Stocks to watch: UOB, DBS, Olam, Far East Orchard, Daiwa House Logistics Trust, Manulife US Reit