Wall Street opens higher in crucial earnings week

Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., July 16, 2019. REUTERS/Brendan McDermid

(Reuters) – U.S. stocks opened higher on Monday, led by technology stocks, as investors eyed fresh trade developments between the United States and China in a busy week of corporate earnings, which include reports from Facebook and Amazon.

The Dow Jones Industrial Average .DJI rose 19.98 points, or 0.07%, at the open to 27,174.18.

The S&P 500 .SPX opened higher by 5.32 points, or 0.18%, at 2,981.93. The Nasdaq Composite .IXIC gained 25.50 points, or 0.31%, to 8,171.99 at the opening bell.

Reporting by Medha Singh in Bengaluru

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