US: Wall Street opens higher after brutal selloff

WALL Street’s main indexes opened higher on Tuesday (Sep 27), after five sessions of relentless selling on worries of a rate-hike induced economic slowdown.

The Dow Jones Industrial Average rose 159.1 points, or 0.54 per cent, at the open to 29419.88.

The S&P 500 rose 31.4 points, or 0.86 per cent, at the open to 3686.44​, while the Nasdaq Composite rose 152.4 points, or 1.41 per cent, to 10955.288 at the opening bell. REUTERS