US: Wall Street jumps at open on trade truce optimism

[NEW YORK] US stocks leapt at open on Monday, driven by strong gains in trade-sensitive industrial and technology stocks after the United States and China agreed upon a temporary trade detente.

The Dow Jones Industrial Average rose 241.11 points, or 0.94 per cent, at the open to 25,779.57.

The S&P 500 opened higher by 30.33 points, or 1.10 per cent, at 2,790.50. The Nasdaq Composite gained 155.59 points, or 2.12 per cent, to 7,486.13 at the opening bell.

REUTERS