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Wall Street opens higher after US-China trade detente

Wall Street stocks surged in opening trading on Monday after the US and China agreed to a ceasefire on new tariffs over the weekend.

About five minutes into trading, the Dow Jones Industrial Average stood at 25 956.88, up 1.6%, as the United States joined a global equities rally following Saturday's announcement at the Group of 20 summit in Argentina.

The broad-based S&P 500 advanced 1.4% to 2 799.03, while the tech-rich Nasdaq Composite Index jumped 1.8% to 7 461.59.

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Rand - Dollar
18.84
+1.0%
Rand - Pound
23.51
+1.2%
Rand - Euro
20.14
+1.3%
Rand - Aus dollar
12.30
+0.8%
Rand - Yen
0.12
+2.2%
Platinum
921.60
-0.4%
Palladium
960.00
-3.1%
Gold
2,336.37
+0.2%
Silver
27.29
-0.5%
Brent Crude
89.01
+1.1%
Top 40
69,358
+1.3%
All Share
75,371
+1.4%
Resource 10
62,363
+0.4%
Industrial 25
103,903
+1.3%
Financial 15
16,161
+2.3%
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