US: Stocks open higher on Huawei reprieve

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.

Singapore Singapore Latest News, Singapore Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

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 »