Wall Street poised for gains after Monday's heavy selloff
Traders work on the floor at the New York Stock Exchange in New York, U.S., May 13, 2019. REUTERS/Brendan McDermid
- U.S. stocks opened higher on Tuesday, following a sharp selloff in the previous session, as optimistic comments from Washington and Beijing took the edge off market concerns about a further escalation in trade war. The Dow Jones Industrial Average rose 59.04 points, or 0.23%, at the open to 25,384.03. The S&P 500 opened higher by 8.25 points, or 0.29%, at 2,820.12. The Nasdaq Composite gained 42.64 points, or 0.56%, to 7,689.66 at the opening bell.
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