US stocks open higher on trade and Chinese data

FILE PHOTO: Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., December 13, 2017. REUTERS/Brendan McDermid/File Photo

UNITED STATES (VOP TODAY NEWS) — US stocks open higher on Monday as optimism continued in the first quarter of the year as a sudden recovery in Chinese factory activity and new signs of progress in US-China trade talks.

The Dow Jones industrial average <.DJI> was up 146.42 points, or 0.56 percent, at 260,75.10.

The Standard & Poor’s 500 Index was up 14.23 points, or 0.50 percent, to open at 2,448.63.

The Nasdaq Composite Index was up 70.92 points, or 0.92 percent, at 7,800.24.

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