You are here

US: Wall St opens higher after strong retail sales data, Walmart results

doc76ob357915i1ilkxza0k_doc76msqwgq49s1iho7i20u.jpg
US stocks opened higher on Thursday as a surge in July retail sales and Walmart's robust results eased fears of a recession in the world's largest economy.

[NEW YORK] US stocks opened higher on Thursday as a surge in July retail sales and Walmart's robust results eased fears of a recession in the world's largest economy, while differing reports on the US-China trade dispute kept investors on edge.

The Dow Jones Industrial Average rose 34.83 points, or 0.14 per cent, at the open to 25,514.25.

The S&P 500 opened higher by 5.60 points, or 0.20 per cent, at 2,846.20. The Nasdaq Composite gained 16.26 points, or 0.21 per cent, to 7,790.20 at the opening bell.

REUTERS

sentifi.com

Market voices on: