Stocks Opended Higher, Boosted by Gains in Tech

U.S. stocks opened higher on Tuesday, boosted by gains in tech stocks as trade talks between the United States and China gained momentum. The Dow Jones Industrial Average lately rose 14.82 points, or 0.06%, to 25,028.11. The S&P 500 added 5.62 points, or 0.21%, to 2,738.63. The Nasdaq Composite gained 24.08 points, or 0.33%, to 7,418.12.

Oil prices pushed to fresh 3½-year highs on Tuesday, as investors fretted over future output from Iran and Venezuela on the prospect of new U.S. sanctions on those countries. June West Texas Intermediate crude rose 18 cents, or 0.3%, to $72.42 a barrel. July Brent crude rose 27 cents, or 0.3%, to $79.49 a barrel.

The New York Stock Exchange is set to get its first female leader in its 226-year history. Stacey Cunningham, the NYSE’s chief operating officer, will become the Big Board’s 67th president, the exchange’s parent Intercontinental Exchange Inc.