Wall Street opens higher as trade tensions ease

By Kitco News / May 14, 2018 / www.kitco.com / Article Link

(Reuters) - U.S. stock indexes opened higher on Monday on signs of easing U.S.-China trade tensions after President Donald Trump softened his stance on ZTE Corp, pledging to help the Chinese technology company "get back into business, fast".

The Dow Jones Industrial Average .DJI rose 48.20 points, or 0.19 percent, at the open to 24,879.37. The S&P 500 .SPX opened higher by 5.65 points, or 0.21 percent, at 2,733.37. The Nasdaq Composite .IXIC gained 26.57 points, or 0.36 percent, to 7,429.45 at the opening bell.

Reporting by Sruthi Shankar in Bengaluru; Editing by Anil D'Silva

By Kitco News

For Kitco News

Contactnews@kitco.com 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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