US: Wall Street opens higher after Trump cools rhetoric on China

[NEW YORK] Wall Street’s main indexes opened higher on Monday (Oct 13) following Friday’s pullback, as investors returned to risk assets after President Donald Trump’s softer tone eased concerns over renewed U.S.-China trade tensions.

The Dow Jones Industrial Average rose 218.9 points, or 0.48 per cent, at the open to 45,698.46.

The S&P 500 rose 70.0 points, or 1.07 per cent, to 6,622.53​, while the Nasdaq Composite rose 374.2 points, or 1.69 per cent, to 2,2578.674. REUTERS