US: Wall St opens higher after court blocks most Trump tariffs
[NEW YORK] Wall Street’s main indexes opened higher on Thursday (May 29) after a federal court ruled against most of US President Donald Trump’s tariffs and AI bellwether Nvidia reported a 69 per cent surge in quarterly sales, lifting sentiment.
The Dow Jones Industrial Average rose 91.3 points, or 0.22 per cent, at the open to 42,190.02.
The S&P 500 rose 51.4 points, or 0.87 per cent, at the open to 5,939.96, while the Nasdaq Composite rose 288.5 points, or 1.51 per cent, to 19,389.392 at the opening bell. 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
Two-thirds of Sentosa Cove resales in the red, with average loss topping S$1 million since 2023
How BYD disrupted Singapore’s car market – and why the strategy is turning on itself
After a strong Q2, what’s next for Singapore banks? Analysts see DBS, OCBC ahead on wealth
Laos-China Railway picks up steam, but S-E Asian country struggles to capture gains