The U.S. New York stock market opened higher.
On the 13th (Eastern Time), the Dow Jones Industrial Average opened at 42,150.09 on the New York Stock Exchange (NYSE) and, as of 9:30 a.m., was up 9.7 points (0.02%) from the previous close at 42,150.09.
At the same time, the S&P 500 index, which is centered on large-cap stocks, recorded an increase of 10.2 points (0.17%) to 5,896.74, while the Nasdaq index, which focuses on technology stocks, rose 64.6 points (0.34%) to 19,074.722.
Reuters noted the following factors contributing to the stock market rise: ▲ the slowing inflation indicators ▲ the possibility of tariff reductions on some items between the U.S. and China ▲ and optimism regarding a trade agreement following former President Donald Trump's Middle Eastern tour.
In particular, the market is anticipating that the slowing inflation could lead to a possibility of easing the Federal Reserve's (Fed) tightening policies, and there is growing optimism that trade easing between the U.S. and China will positively impact global trade and corporations' performance.