Blue chips' profits and China's efforts to avoid a hard landing for its slowing economy, lifted the Wall Street in its opening session on Tuesday. Solid earnings from DuPont and Travelers helped the US stocks.
US stocks opened slightly higher on Tuesday, helped by solid earnings from blue-chips DuPont and Travelers and by China's efforts to avoid a hard landing for its slowing economy.
Also read: China PMI data in focus for Asia this week
The Dow Jones industrial average rose 57.12 points or 0.37 percent, to 15,602.67, the S&P 500 gained 2.52 points or 0.15 percent, to 1,698.05 and the Nasdaq Composite added 3.52 points or 0.1 percent, to 3,603.91.
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Economy turning for sure but cant say for mkts: DSP