Wall Street rallies over US-China trade talks hopes

U.S. stocks opened higher on Friday as trade talks between the United States and China advanced, although worries of a cooling domestic economy kept a lid on gains.

The Dow Jones Industrial Average rose 125.24 points, or 0.49 per cent, at the open to 25,564.63.

The S&P 500 opened higher by 14.51 points, or 0.53 per cent, at 2,760.24. The Nasdaq Composite gained 41.61 points, or 0.56 per cent, to 7,468.57 at the opening bell.