Wall Street opens near record highs ahead of trade deal, earnings

FILE PHOTO: Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., January 10, 2020. REUTERS/Brendan McDermid

(Reuters) – U.S. stocks opened near all-time highs on Monday as investors awaited the signing of a preliminary trade deal between the United States and China, as well as the start of fourth-quarter earnings season.

The Dow Jones Industrial Average .DJI rose 45.24 points, or 0.16%, at the open to 28,869.01. The S&P 500 .SPX opened higher by 5.78 points, or 0.18%, at 3,271.13. The Nasdaq Composite .IXIC gained 34.86 points, or 0.38%, to 9,213.72 at the opening bell.

Reporting by Sruthi Shankar in Bengaluru; Editing by Sriraj Kalluvila

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