Wall St opens higher on Mideast de-escalation hopes; monthly losses loom

[NEW YORK] Wall Street’s main indexes opened higher on Tuesday (Mar 31), as markets welcomed a report signalling potential de-escalation in the Middle East conflict that has set the S&P 500 and the Dow on track for their biggest monthly decline in years.

The Dow Jones Industrial Average rose 325.6 points, or 0.72 per cent, at the open to 45,541.76.

The S&P 500 rose 52.2 points, or 0.82 per cent, at the open to 6,395.88​, while the Nasdaq Composite rose 269.7 points, or 1.30 per cent, to 21,064.334 at the opening bell. REUTERS