August 28, 2018 / 1:38 PM / a month ago

US STOCKS SNAPSHOT-S&P, Nasdaq open at record highs as trade war fears recede

Aug 28 (Reuters) - The S&P 500 and the Nasdaq Composite index opened at record levels on Tuesday, lifted by hopes that a trade deal between the United States and Mexico will go some way to averting a global trade war.

The Dow Jones Industrial Average rose 43.06 points, or 0.17 percent, at the open to 26,092.70. The S&P 500 opened higher by 4.71 points, or 0.16 percent, at 2,901.45. The Nasdaq Composite gained 21.11 points, or 0.26 percent, to 8,039.01 at the opening bell. (Reporting by Sruthi Shankar in Bengaluru; Editing by Shounak Dasgupta)

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