Stocks Opened Higher on Better Trade News

U.S. stocks opened higher on Monday, after President Donald Trump said he wanted U.S. and Chinese trade negotiators to resume talks. The Dow Jones Industrial Average lately rose 217.35 points, or 0.85%, to 25,846.25. The S&P 500 climbed 22.94 points, or 0.81%, to 2,870.05. The Nasdaq Composite gained 71.23 points, or 0.92%, to 7,823.00.

Oil bounced higher Monday, after China and the U.S. both appeared to attempt to tamp down rising trade tensions. West Texas Intermediate crude for October delivery rose 61 cents, or 1.1%< to $54.78 a barrel, while October Brent crude rose 53 cents, or 0.9%, to $59.78 a barrel.