Wall Street opens higher after Evergrande-led rout

Dow Jones share price, Dow Jones, Nasdaq Composite, S&P500, Wall Street, Evergrande, US stocks

U.S. stocks opened higher on Tuesday as investors tried to shake off fears of contagion from a potential collapse of China’s Evergrande, with focus also turning to a Federal Reserve meeting for more cues on monetary policy.

The Dow Jones Industrial Average rose 55.14 points, or 0.16 per cent, at the open to 34,025.61.

The S&P 500 opened higher by 16.72 points, or 0.38 per cent, at 4,374.45. The Nasdaq Composite gained 89.46 points, or 0.61 per cent, to 14,803.36 at the opening bell.

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