August 8, 2019 / 1:37 PM / 14 days ago

US STOCKS SNAPSHOT-Wall Street opens higher on upbeat China data, firming yuan

Aug 8 (Reuters) - U.S. stocks opened higher on Thursday, as better-than-expected trade data from China and a steadying of its currency offered some comfort to investors rattled by an escalation in trade tensions and signals pointing to a recession.

The Dow Jones Industrial Average rose 79.45 points, or 0.31%, at the open to 26,086.52.

The S&P 500 opened higher by 12.23 points, or 0.42%, at 2,896.21. The Nasdaq Composite gained 58.76 points, or 0.75%, to 7,921.59 at the opening bell. (Reporting by Shreyashi Sanyal in Bengaluru; Editing by Anil D'Silva)

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