US: Wall Street opens higher as investors weigh second Trump term

WALL Street’s main indexes rose on Monday (Jul 15) as investors assessed the chances of presidential candidate Donald Trump winning a second term after surviving an assassination attempt, while hopes for Federal Reserve rate cuts further boosted sentiment.

The Dow Jones Industrial Average rose 137.50 points, or 0.34 per cent, at the open to 40,138.40.

The S&P 500 opened higher by 22.81 points, or 0.41 per cent, at 5,638.16, while the Nasdaq Composite gained 87.47 points, or 0.48 per cent, to 18,485.91 at the opening bell. REUTERS