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US stocks open higher, Dow up by 1.4%, Nasdaq rises 0.2%
AFP
Last Updated IST
Shortly after the opening bell, the Dow Jones Industrial Average stood at 25,338.80, up 1.4 percent. (Credit: Reuters Photo)
Shortly after the opening bell, the Dow Jones Industrial Average stood at 25,338.80, up 1.4 percent. (Credit: Reuters Photo)

Wall Street stocks opened higher Wednesday on continued optimism about the reopening of the US economy as investors shrug off rising tensions between Washington and Beijing.

Shortly after the opening bell, the Dow Jones Industrial Average stood at 25,338.80, up 1.4 percent.

The broad-based S&P 500 gained 0.9 percent to 3,019.96, while the tech-rich Nasdaq Composite Index advanced 0.2 percent to 9,354.29.

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(Published 27 May 2020, 19:31 IST)