Wall Street opens higher to claw back some of previous day’s slide


Source: sootoday.com sootoday.com

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NEW YORK (AP) — U.S. stocks are rising as companies report fatter profits than expected, and other U.S. investments are also steadying themselves a day after sliding sharply on worries about President Donald Trump’s trade war and his attacks on the head of the Federal Reserve. The S&P 500 was 1% higher in early trading Tuesday. The Dow Jones Industrial Average was up 396 points, or 1%, and the Nasdaq composite was 1.2% higher. The value of the U.S. dollar also stabilized after sliding against the euro and other currencies, while Treasury yields were holding steadier in the bond market....