US: Wall Street opens higher after new US plan for China investments
[BENGALURU] US stocks opened higher on Wednesday after the Trump administration said it would use a strengthened security review process to deal with threats from Chinese investments in domestic technologies, instead of imposing China-specific restrictions.
The Dow Jones Industrial Average rose 20.00 points, or 0.08 per cent, at the open to 24,303.11. The S&P 500 opened higher by 5.39 points, or 0.20 per cent, at 2,728.45. The Nasdaq Composite gained 24.70 points, or 0.33 per cent, to 7,586.33 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
Swiss-Asia Financial Services fined S$2.5 million for money-laundering rule breaches
Asia: Stocks track another rally on Wall Street as US rate optimism lingers
Singapore shares rise at Tuesday’s open tracking global rally; STI up 0.2%
ETF popularity poised to stay as investors flock to diversification, stability
Stocks to watch: FLCT, Paragon Reit, AA Reit, Lendlease Global Reit, Far East Orchard, SIA
Europe: Shares close at highest in a week; Indra surges