Wall Street opens higher on hopes of trade concessions

© Reuters. Traders work on the floor of the NYSE in New York

(Reuters) – Wall Street opened higher on Thursday, as signs that Washington may ease back on plans for tariffs on European cars drove gains for automakers, offsetting further signs of tension with China.

The rose 111.00 points, or 0.46 percent, at the open to 24,285.82. The opened higher by 10.97 points, or 0.40 percent, at 2,724.19. The gained 47.98 points, or 0.64 percent, to 7,550.66 at the opening bell.

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