The Business Times

US: Wall St opens higher as robust Chinese data eases growth concerns

Published Wed, Sep 4, 2019 · 01:51 PM

[NEW YORK] US stocks rose broadly at the open on Wednesday as encouraging data from China allayed concerns of slowing global growth, with sentiment getting a boost on signs of easing tensions in Hong Kong following the withdrawal of a controversial bill.

The Dow Jones Industrial Average rose 183.97 points, or 0.70 per cent, at the open to 26,301.99.

The S&P 500 opened higher by 18.40 points, or 0.63 per cent, at 2,924.67. The Nasdaq Composite gained 75.65 points, or 0.96 per cent, to 7,949.81 at the opening bell. 

REUTERS

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