About 10 minutes into trading, the Dow Jones Industrial Average was up 1.2 per cent at 23,801.85.
The broad-based S&P 500 gained 1.0 per cent to 2,575.07, while the tech-rich Nasdaq Composite Index advanced 1.1 per cent to 6,899.12.
As US and Chinese officials held a second day of trade talks in Beijing, President Donald Trump said on Twitter that the talks were “going very well” but offered no details.
Analysts also attributed the strong early trading to continued positive momentum following dovish commentary last week from the Federal Reserve.
That upbeat sentiment allowed investors to overlook new negative economic news, including weak profits from electronics giant Samsung and disappointing German industrial output data. — AFP
Source: The Malay Mail Online