Thursday, 2 May 2024

Trade optimism helps Wall Street open higher on last day of quarter

(Reuters) – U.S. stocks opened higher on Friday, led by gains in technology stocks, as the latest round of U.S.-China trade negotiations ended on a positive note.

The Dow Jones Industrial Average rose 109.85 points, or 0.43 percent, at the open to 25,827.31.

The S&P 500 opened higher by 12.83 points, or 0.46 percent, at 2,828.27. The Nasdaq Composite gained 57.55 points, or 0.75 percent, to 7,726.71 at the opening bell.

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