Wall Street poised for gains as trade concerns take a back seat


(Reuters) – U.S. stock indexes opened higher on Monday, on track for third day of gains in a row, after last week’s strong U.S. jobs data helped investors brush aside trade concerns.

FILE PHOTO: Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., July 6, 2018. REUTERS/Brendan McDermid

The Dow Jones Industrial Average rose 62.72 points, or 0.26 percent, at the open to 24,519.20. The S&P 500 opened higher by 8.69 points, or 0.31 percent, at 2,768.51. The Nasdaq Composite gained 43.36 points, or 0.56 percent, to 7,731.75 at the opening bell.

Reporting by Sruthi Shankar in Bengaluru; Editing by Shounak Dasgupta

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