Wall Street opens higher after China rally, Italian budget relief

By Kitco News / October 22, 2018 / www.kitco.com / Article Link

(Reuters) - U.S. stocks opened higher at the start of a busy week of earnings on Monday, riding a wave of gains in global stocks due to hopes of economic stimulus in China and easing tensions over Italy's debt.

The Dow Jones Industrial Average rose 47.80 points, or 0.19 percent, at the open to 25,492.14.

The S&P 500 opened higher by 6.16 points, or 0.22 percent, at 2,773.94. The Nasdaq Composite gained 37.71 points, or 0.51 percent, to 7,486.74 at the opening bell.

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.
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