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Wall Street opens higher on trade truce hopes; Powell speech eyed by Reuters

© Reuters. FILE PHOTO: Traders work at the floor of the NYSE in New York

(Reuters) – U.S. Investors are looking forward to the Fed Chairman Jerome Powell's speech for clues on the path to interest rate hikes.

The Dow Jones Industrial Average () rose 84.11 points, or 0.34 percent, at the open to 24,832.84.

The S & P 500 () opened higher by 9.28 points, or 0.35 percent, at 2,691.45. The Nasdaq Composite () gained 52.38 points, or 0.74 percent, to 7,135.08 at the opening bell.

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