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Jul 23, 2013, 08.15 PM IST | Source: Reuters

Blue-chips' profits, China lift Wall St at open

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.

Blue-chips' profits, China lift Wall St at open

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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