US: Wall St opens higher with economic data, tariffs in focus

Wall Street Opens Higher Ahead of Crucial Deadline on Tariffs

WALL Street’s main indexes opened higher on Monday (Mar 3), ahead of a crucial deadline on tariffs on top trade partners, while investors awaited a number of data reports to gauge the health of the world’s largest economy.

Main Indexes Open Higher

The Dow Jones Industrial Average rose 59.6 points, or 0.14 per cent, at the open to 43,900.49.

The S&P 500 rose 13.8 points, or 0.23 per cent, at the open to 5,968.33, while the Nasdaq Composite rose 76.1 points, or 0.40 per cent, to 18,923.358 at the opening bell.

Data Reports Awaited

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Conclusion

The article highlights that Wall Street’s main indexes opened higher on Monday, ahead of a crucial deadline on tariffs on top trade partners. The Dow Jones Industrial Average, S&P 500, and Nasdaq Composite all rose at the open, indicating a positive start to the day.

FAQs

Q: What is the importance of the deadline on tariffs?

A: The deadline on tariffs is crucial as it will determine the future of trade relations between the US and its top trade partners.

Q: What are the main indexes following the market trend?

A: The Dow Jones Industrial Average, S&P 500, and Nasdaq Composite are the main indexes that opened higher on Monday, indicating a positive start to the day.

Q: Why are investors awaiting data reports?

A: Investors are awaiting data reports to gauge the health of the world’s largest economy, providing insight into the market’s performance and future direction.