SINGAPORE share prices opened higher on Tuesday with the Straits
Times Index (STI) up 11.13 points or 0.39 per cent to 2,893.40 at 9am.
This followed the Dow and S&P 500 which rallied on Monday,
recovering some of the prior session's losses. Gains were minimal on the
tech-rich Nasdaq, however, due to weakness among biotech shares.
The Dow Jones Industrial Average shot up 125.61 points (0.77 per
cent) to 16,510.19. The broad-based S&P 500 rose 8.94 points (0.46
per cent) to 1,966.97, while the Nasdaq Composite Index edged up 1.73
points (0.04 per cent) to 4,828.95.
In Asia, financial markets in Japan are closed from Monday to Wednesday for a public holiday.
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