US stocks rise as Europe rallies



US shares have risen in opening trade, lifted by European stock market rallies following a four-day Easter holiday weekend.


The Dow Jones Industrial Average was up 58.45 points (0.40 per cent) at 14,631.30 in the first six minutes of trade on Tuesday.

The broad-based S&P 500 rose 7.14 points (0.46 per cent) to 1569.31, while the tech-rich Nasdaq Composite Index added 19.66 (0.61 per cent) at 3258.83.

“The resilience of the European markets has set a good tone,” said Patrick O’Hare of Briefing.com.

Wall Street stocks rebounded from losses on Monday on disappointing US manufacturing data. The Dow slipped 0.04 per cent, the S&P 500 gave up 0.45 per cent and the Nasdaq sank 0.87 per cent.

Source Article from http://news.com.au.feedsportal.com/c/34564/f/632570/s/2a40c461/l/0L0Snews0N0Bau0Cbusiness0Cbreaking0Enews0Cus0Estocks0Erise0Eas0Eeurope0Erallies0Cstory0Ee6frfkur0E12266112936510Dfrom0Fpublic0Irss/story01.htm

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