Wall Street opens higher after Monday’s selloff

Business

FILE PHOTO: A trader works on the floor of the New York Stock Exchange shortly after the opening bell in New York, U.S., January 24, 2020. REUTERS/Lucas Jackson/File Photo

(Reuters) – U.S. stock indexes opened higher on Tuesday after the S&P 500 suffered its worst day in nearly four months in the previous session on concerns that a coronavirus outbreak in China could hit global economic growth.

The Dow Jones Industrial Average .DJI rose 58.48 points, or 0.20%, at the open to 28,594.28. The S&P 500 .SPX opened higher by 11.72 points, or 0.36%, at 3,255.35. The Nasdaq Composite .IXIC gained 62.51 points, or 0.68%, to 9,201.82 at the opening bell.

Reporting by Sruthi Shankar in Bengaluru; Editing by Anil D’Silva

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