US: Wall Street opens higher on tariff, jobs data optimism
[NEW YORK] US stock indexes opened higher on Friday (May 2), as signs of a de-escalation in the trade war with China and a stronger-than-expected jobs report calmed concerns around the economic toll of tariffs.
At 09:30 am ET, the Dow Jones Industrial Average rose 414.53 points, or 1.02 per cent, to 41,167.49, the S&P 500 gained 54.59 points, or 0.97 per cent, to 5,658.73 and the Nasdaq Composite gained 159.60 points, or 0.87 per cent, to 17,864.97. REUTERS
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Share with us your feedback on BT's products and services
TRENDING NOW
Ohmyhome Ltd sells real estate business for token US$1 due to poor business and continued losses
Buyer for England striker Harry Kane’s former mansion must pay £3.4 million after abandoning deal
As luxury retail goes big, can Singapore’s Orchard Road keep up?
Malaysian tycoon Vincent Tan’s sell-downs point to pruning rather than an exit plan