Wall Street today: S&P 500, Dow Jones, Nasdaq rise; trade tariffs in focus | Stock Market News
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Source: Live Mint
US stock indices opened higher on Monday, ahead of President Donald Trump’s latest deadline on tariffs on top trade partners.
At the opening bell, the Dow Jones Industrial Average rose 59.6 points, or 0.14 per cent, to 43,900.49. The S&P 500 rose 13.8 points, or 0.23 per cent, to 5,968.33, while the Nasdaq Composite rose 76.1 points, or 0.40 per cent, to 18,923.358.
A set of tariffs announced by Donald Trump on Canada, Mexico and China are set to take effect on Tuesday.
In the bond market, the yield on the 10-year Treasury was drifting around 4.24 per cent.
Among the megacaps, Nvidia stock fell 2.1 per cent, Elon Musk’s Tesla gained 2.8 per cent.
Kroger shares lost 1.3 per cent after the grocery chain’s Chairman and CEO Rodney McMullen resigned following an internal investigation into his personal conduct.