US: Wall Street opens higher on upbeat trade move

[NEW YORK] US stocks opened higher on Wednesday as China's move to ease tensions with the United States assuaged some concerns about the ongoing trade war between the world's two largest economies.

The Dow Jones Industrial Average rose 18.62 points, or 0.07 per cent, at the open to 26,928.05.

The S&P 500 opened higher by 2.02 points, or 0.07 per cent, at 2,981.41. The Nasdaq Composite gained 7.53 points, or 0.09 per cent, to 8,091.68 at the opening bell. 

REUTERS