Wall St. opens higher on China stimulus, Mexico tariff relief

Traders work on the floor at the NYSE in New York
FILE PHOTO: Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., June 3, 2019. REUTERS/Brendan McDermid

June 11, 2019

(Reuters) – U.S. stocks opened higher on Tuesday, edging back toward record territory, as signs of more fiscal stimulus from China and some easing of last week’s tensions around Mexico buoyed investors’ appetite for risk.

The Dow Jones Industrial Average rose 117.91 points, or 0.45%, at the open to 26,180.59.

The S&P 500 opened higher by 16.54 points, or 0.57%, at 2,903.27. The Nasdaq Composite gained 77.87 points, or 1.00%, to 7,901.04 at the opening bell.

(Reporting by Shreyashi Sanyal in Bengaluru; Editing by Arun Koyyur)

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