April 10, 2018 / 1:35 PM / 3 months ago

US STOCKS SNAPSHOT-Wall Street opens higher as tech stocks gain

April 10 (Reuters) - Wall Street opened higher on Tuesday, led by technology stocks, after Chinese President Xi Jinping promised to cut import tariffs, soothing investor concerns about rising U.S.-China trade tensions.

The Dow Jones Industrial Average rose 397.78 points, or 1.66 percent, to 24,376.88, the S&P 500 gained 36.04 points, or 1.38 percent, to 2,649.2 and the Nasdaq Composite added 110.70 points, or 1.59 percent, to 7,061.05. (Reporting by Sweta Singh in Bengaluru; Editing by Arun Koyyur)

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