US stocks opened higher on Tuesday, with the Dow rising more than 100 points, as technology stocks rebounded after Washington temporarily eased trade restrictions imposed last week on China's Huawei.[NEW YORK] US stocks opened higher on Tuesday, with the Dow rising more than 100 points, as technology stocks rebounded after Washington temporarily eased trade restrictions imposed last week on China's Huawei.
The Dow Jones Industrial Average rose 102.44 points, or 0.40 per cent, at the open to 25,782.34. The S&P 500 opened higher by 13.79 points, or 0.49 per cent, at 2,854.02. The Nasdaq Composite gained 63.19 points, or 0.82 per cent, to 7,765.57 at the opening bell.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
US Commerce Department publishes Huawei export blacklist order, includes Huawei affiliates in SingaporeWASHINGTON (REUTERS) - The US Commerce Department on Thursday (May 16) formally placed Huawei Technologies Co Ltd and 68 affiliates in more than two dozen countries on its so-called 'Entity List' - a move that bans the telecom company from buying parts and components from American firms without US government approval.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »
Huawei ban fallout hits Nasdaq as US stocks fallNEW YORK: Shares of technology companies fell sharply on Monday (May 20) in down session for Wall Street after Google began to severe ties with ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Seoul: Stocks sink as Trump hits China's Huawei with severe sanctions[SEOUL] South Korea's KOSPI stock index sagged on Thursday as US President Donald Trump escalated trade frictions with China, by imposing sanctions on Chinese telecommunications giant Huawei. Meanwhile, the Korean won and the benchmark bond yield fell. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
US says it may scale back some Huawei trade restrictions[WASHINGTON] The US Commerce Department may soon scale back restrictions on Huawei Technologies after this week's blacklisting made it nearly impossible for the Chinese telecommunications company to purchase goods made in the United States, a department spokeswoman said on Friday. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
New Trump order could ban Huawei, say sourcesWASHINGTON • President Donald Trump is expected to sign an executive order this week barring US companies from using telecommunications equipment made by firms posing a national security risk, paving the way for a ban on doing business with China's Huawei, administration officials have said.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »