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Wall Street opens higher as trade hopes grow

UNITED STATES, WASHINGTON (OBSERVATORY) — US stocks opened higher on Tuesday as investors were hoping to resolve a long-running trade dispute between the world’s two largest economies, despite mixed messages from both sides.

The Dow Jones industrial average was up 115.63 points, or 0.45 percent, at 26,014.46.

The Standard & Poor’s 500 Index was up 14.76 points, or 0.51 percent, at 2,893.14.

The Nasdaq Composite advanced 55.05 points, or 0.7 percent, to 7,908.78.

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