Stocks in the United States opened the trading session on Tuesday higher after US President Donald Trump introduced a new strategy for the war in Afghanistan, deciding to send in additional troops instead of pulling them out as he was promising in the past. Meanwhile, investors are waiting for the economic symposium in Jackson Hole on Friday, where Fed Chair Janet Yellen and European Central Bank President Mario Draghi are both due to speak. On the earnings front, Antofagasta and Medtronic revealed their results today before the bell, while Salesforce.com is expected to post its numbers later today.
The Dow Jones was up 0.29% at the open, Home Depot and Cisco Systems the best performers. The Nasdaq 100 rose 0.54% to start the session stronger, with Ctrip.com surging over 3%. Meanwhile, the S&P 500 added 0.29% to open in green, Freeport-McMoRan contributing the most.
The euro was 0.46% lower against the dollar, to sell for $1.1759 at 3:36 pm CET.
