US: Wall St opens higher on hopes of trade concessions
[NEW YORK] Wall Street opened higher on Thursday, as signs that Washington may ease back on plans for tariffs on European cars drove gains for automakers, offsetting further signs of tension with China.
The Dow Jones Industrial Average rose 111.00 points, or 0.46 per cent, at the open to 24,285.82. The S&P 500 opened higher by 10.97 points, or 0.40 per cent, at 2,724.19. The Nasdaq Composite gained 47.98 points, or 0.64 per cent, to 7,550.66 at the opening bell.
REUTERS
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Capital Markets & Currencies
Singapore stocks climb at Wednesday’s open; STI up 0.4%
Stocks to watch: MPACT, CapitaLand Ascott Trust, Hotel Properties, OUE Reit, CLCT
Europe: Tech, retail stocks boost Stoxx 600 to one-week high
US: Stocks climb for second straight day
Euro at highest to yen since 2008, markets nervy over Tokyo stepping in
Singapore stocks track Wall Street gains on Tuesday; STI up 1.5%