News Snapshot:
Pedestrians outside of the New York Stock Exchange (NYSE) in New York, US, on Tuesday, Jan. 28, 2025. Ever since the global financial crisis, in an attempt to align pay to shareholder returns, banks have relied more heavily on restricted stock units when theyre handing out bonuses. Photographer: Michael Nagle/Bloomberg NEW YORK — Stocks are opening higher on Wall Street as China steps up measures to shore up its economy and agrees to trade talks with the U.S. The S&P 500 index rose 0.3% in early trading Wednesday. The Dow Jones Industrial Average rose 170 points, or 0.4%, and the...