Categories: India

US STOCKS SNAPSHOT-Wall St opens at record highs on US-China trade hopes

Oct 27 (Reuters) – Wall Street's main indexes opened at record highs on Monday, as expectations of a U.S.-China trade truce fueled risk-taking in a week packed with Big Tech earnings and a likely Federal Reserve rate cut. At 09:30 a.m. ET, the Dow Jones Industrial Average rose 315.67 points, or 0.67%, to 47,530.09, the S&P 500 gained 63.83 points, or 0.92%, to 6,856.09 and the Nasdaq Composite gained 335.24 points, or 1.45%, to 23,544.00. (Reporting by Pranav Kashyap in Bengaluru; Editing by Devika Syamnath)

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