US Markets

US STOCKS SNAPSHOT-Wall St opens higher after strong retail sales data, Walmart results

Credit: REUTERS/EDUARDO MUNOZ

U.S. 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 U.S.-China trade dispute kept investors on edge.

Aug 15 (Reuters) - U.S. 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 U.S.-China trade dispute kept investors on edge.

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

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

(Reporting by Arjun Panchadar in Bengaluru Editing by Saumyadeb Chakrabarty)

((Arjun.Panchadar@thomsonreuters.com; within U.S. +1-646-223-8780; outside U.S. +918067492767;))

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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