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US STOCKS SNAPSHOT-Wall St opens higher on trade hopes, upbeat manufacturing data


Jan 18 (Reuters) - U.S. stocks opened higher on Friday and were set for their fourth week of gains on hopes that a bitter trade war between the United States and China would be resolved and after upbeat monthly manufacturing data.

The Dow Jones Industrial Average rose 164.09 points, or 0.67 percent, at the open to 24,534.19.

The S&P 500 opened higher by 15.31 points, or 0.58 percent, at 2,651.27. The Nasdaq Composite gained 49.63 points, or 0.70 percent, to 7,134.10 at the opening bell. (Reporting by Shreyashi Sanyal in Bengaluru; Editing by Anil D'Silva)