Gulf News

India markets rise on pliant RBI chief

RUPEE WEAKENS AMID INVESTOR CONCERNS, TOUCHING 72.46 TO THE DOLLAR BEFORE RECOVERING TO 71.99

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SUS stocks jumped at open yesterday as the report about China’s plans to increase access for foreign firms added to earlier optimism on trade from Trump’s upbeat comments.

The Dow Jones Industrial Average rose 138.85 points, or 0.57 per cent, at the open to 24,509.09.

The S&P 500 opened higher by 21.45 points, or 0.81 per cent, at 2,658.23. The Nasdaq Composite gained 95.17 points, or 1.35 per cent, to 7,127.00 at the opening bell.

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