Wall St. gains on trade optimism, progress to avert government shutdown

12 Feb 2019

Wall St. gains on trade optimism, progress to avert government shutdown

(Reuters)U.S. stocks opened higher on Tuesday, buoyed by a tentative deal reached by U.S. lawmakers to avoid another partial government shutdown and as the United States and China expressed optimism about the ongoing trade talks.

The Dow Jones Industrial Average rose 98.92 points, or 0.39 percent, at the open to 25,152.03. The S&P 500 opened higher by 12.81 points, or 0.47 percent, at 2,722.61. The Nasdaq Composite gained 50.95 points, or 0.70 percent, to 7,358.85 at the opening bell.

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