Wall Street opens higher as U.S.-China trade talks restart

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Wall Street opens higher as U.S.-China trade talks restart

Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., February 8, 2019. REUTERS/Brendan McDermid

(Reuters) – U.S. stocks opened higher on Monday as the latest round of trade talks between the world’s largest economies began in Beijing, while U.S. lawmakers attempted to hammer out a deal to avoid another government shutdown.

The Dow Jones Industrial Average rose 36.48 points, or 0.15 percent, at the open to 25,142.81.

The S&P 500 opened higher by 4.52 points, or 0.17 percent, at 2,712.40. The Nasdaq Composite gained 29.17 points, or 0.40 percent, to 7,327.37 at the opening bell.

Reporting by Shreyashi Sanyal in Bengaluru; Editing by Sriraj Kalluvila