Business & Financial

Wall Street opens higher on signs of North Korea talks

FILE PHOTO: Traders work on the floor at the New York Stock Exchange (NYSE) in Manhattan, New York

FILE PHOTO: Traders work on the floor at the New York Stock Exchange (NYSE) in Manhattan, New York City, U.S., March 2, 2018. REUTERS/Andrew Kelly

(Reuters) – U.S. stocks opened higher on Tuesday as the prospect of talks between North Korea and the United States and increasing resistance to President Donald Trump’s proposed metals tariffs encouraged risk appetite among investors.

The Dow Jones Industrial Average rose 108.53 points, or 0.44 percent, to 24,983.29. The S&P 500 gained 10.17 points, or 0.37 percent, to 2,731.11. The Nasdaq Composite added 35.81 points, or 0.49 percent, to 7,366.51.

(Reporting by Sruthi Shankar in Bengaluru; Editing by Sriraj Kalluvila)

 

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