Wall Street opens higher as China shores up its economy ahead of trade talks with the US


Source: sootoday.com sootoday.com

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NEW YORK (AP) — 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 Nasdaq composite rose 0.2%. The Walt Disney Co. soared after easilily beating analysts’ profit targets, raising its profit forecast and adding more than a million streaming subscribers. Super Micro Computer sank after reporting results that fell short of forecasts. The Federal Reserve announces its latest decision on interest rates...