US Markets

Wall St opens higher on trade war de-escalation bets

Credit: REUTERS/BRENDAN MCDERMID

U.S. stocks opened strongly on Friday, as investors expected top-level trade talks between the United States and China to result in a partial trade deal and delay planned U.S. tariff increases.

Oct 11 (Reuters) - U.S. stocks opened strongly on Friday, as investors expected top-level trade talks between the United States and China to result in a partial trade deal and delay planned U.S. tariff increases.

The Dow Jones Industrial Average .DJI rose 197.53 points, or 0.75%, at the open to 26,694.20.

The S&P 500 .SPX opened higher by 24.94 points, or 0.85%, at 2,963.07. The Nasdaq Composite .IXIC gained 96.56 points, or 1.21%, to 8,047.34 at the opening bell.

(Reporting by Shreyashi Sanyal in Bengaluru; Editing by Shounak Dasgupta)

((Shreyashi.Sanyal@thomsonreuters.com; +1 646 223 8780))

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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