Wall Street Cheering Mexico Relief
US stocks opened higher on Monday opening trade after the United States abandoned plan to impose tariffs on Mexican goods. Mexico relief is one of the most important reason of today’s stock upsurge. While a multibillion dollar deal between United Technologies and Raytheon added more sugar to the Wall Street cheer.
The Dow Jones Industrial Average rose 106.28 points at the very opening of the market and touch initial 26,090.22 marks. The S&P 500 opened higher by 12.49 points at 2,885.8.. The Nasdaq Composite gained 56.77 points to 7798.77 points at the time of opening bell.
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News Source : Reuters