Wall St kicks off week higher as Trump's tariffs lift steelmakers

Morning sunlight falls on the facade of the New York Stock Exchange building in Manhattan in New York City, New York, US, January 28, 2021. REUTERS
Morning sunlight falls on the facade of the New York Stock Exchange building in Manhattan in New York City, New York, US, January 28, 2021. REUTERS

Wall Street's main indexes opened higher on Monday, recovering from last week's declines, as steelmakers surged after US President Donald Trump said he would impose additional tariffs on steel and aluminum imports.

The Dow Jones Industrial Average rose 93.5 points, or 0.21 percent, at the open to 44,396.92. The S&P 500 rose 20.4 points, or 0.34 percent, at the open to 6,046.4 , while the Nasdaq Composite rose 144.8 points, or 0.74 percent, to 19,668.178 at the opening bell.

REUTERS

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