US Markets

Wall Street opens at record high as trade optimism persists

Credit: REUTERS/BRENDAN MCDERMID

Wall Street's main stock indexes opened at record highs on Tuesday on continued optimism that the United States and China would put an end to their damaging trade war, despite a slide in retail stocks after dour forecasts from Home Depot and Kohl's.

Nov 19 (Reuters) - Wall Street's main stock indexes opened at record highs on Tuesday on continued optimism that the United States and China would put an end to their damaging trade war, despite a slide in retail stocks after dour forecasts from Home Depot and Kohl's.

The Dow Jones Industrial Average .DJI rose 43.54 points, or 0.16%, at the open to 28,079.76.

The S&P 500 .SPX opened higher by 5.42 points, or 0.17%, at 3,127.45. The Nasdaq Composite .IXIC gained 28.08 points, or 0.33%, to 8,578.02 at the opening bell.

(Reporting by Medha Singh in Bengaluru; Editing by Shounak Dasgupta)

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

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