Stocks Opened Solidly Higher at the Open

U.S. stocks opened solidly higher on Monday, following global markets that were trading in the green, as investors appeared to shift focus from worries of a full-scale trade war to signs of economic strength. The Dow Jones Industrial Average lately rose 188.83 points, or 0.77%, to 24,645.31. The S&P 500 advanced 14.82 points, or 0.77%, to 24,645.31. The Nasdaq Composite climbed 43.20 points, or 0.56%, to 7,731.58.

Crude-oil benchmarks traded mixed early Monday, with outages outside of the U.S. providing support for Brent, the international benchmark. September Brent crude added 83 cents, or 1.1%, to $77.94 a barrel. August West Texas Intermediate crude recently was up 4 cents, or less than 0.1%, to $73.84 a barrel.

Groupon’s shares were rallying Monday morning, following a weekend report by Recode that the company has been searching for potential buyers over the past month.

Starbucks will eliminate plastic straws from all of its locations within two years, citing the environmental threat to oceans.

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