US: Wall Street opens sharply higher on hopes of tariff talks
[NEW YORK] Wall Street’s main indexes opened sharply higher on Tuesday (Apr 8) after a bruising selloff that has wiped out trillions of dollars since last week, as investors await any sign of the US opening up for negotiations over some of the aggressive tariffs.
The Dow Jones Industrial Average rose 861.5 points, or 2.27 per cent, at the open to 38,827.1. The S&P 500 rose 131.3 points, or 2.59 per cent, at the open to 5,193.57, while the Nasdaq Composite rose 577.8 points, or 3.70 per cent, to 16,181.041 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
On the board but frozen out: The Taib family feud tearing Sarawak construction giant apart
Thai and Vietnamese farmers may stop planting rice because of the Iran war. Here’s why
US-China rivalry and the Kindleberger Trap: Why inaction – not escalation – is the biggest risk
PayPal plans job cuts as its new CEO pursues turnaround strategy