US STOCKS SNAPSHOT-Wall Street ekes out gains at open on rate cut hopes; trade worries weigh

US STOCKS SNAPSHOT-Wall Street ekes out gains at open on rate cut hopes; trade worries weigh
  • Country:
  • United States

U.S. stocks opened slightly higher on Thursday on hopes of an interest rate cut by the Federal Reserve, but sentiment remained fragile after President Donald Trump stoked fears of a further escalation in trade tensions by saying he would decide on more China tariffs "probably right after the G20."

The Dow Jones Industrial Average rose 27.88 points, or 0.11%, at the open to 25,567.45. The S&P 500 opened higher by 2.36 points, or 0.08%, at 2,828.51. The Nasdaq Composite gained 6.77 points, or 0.09%, to 7,582.24 at the opening bell.

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