FILE PHOTO: A trader works on the floor of the New York Stock Exchange shortly after the closing bell in New York, U.S., August 23, 2019. REUTERS/Lucas Jackson
(Reuters) – U.S. stocks opened higher on Monday, as President Donald Trump sought to ease trade tensions with China, calming investor nerves after intense feuding between the world’s top two economies last week sent stocks into a tailspin.
The Dow Jones Industrial Average .DJI rose 197.15 points, or 0.77%, at the open to 25,826.05. The S&P 500 .SPX opened higher by 19.59 points, or 0.69%, at 2,866.70. The Nasdaq Composite .IXIC gained 77.81 points, or 1%, to 7,829.58 at the opening bell.
Reporting by Akanksha Rana in Bengaluru; Editing by Arun Koyyur