US: Stocks surge in opening trade   

Wall Street stocks jumped in opening trade Wednesday as investors tried to snap a six-day losing streak following solid US economic data and a big oil-services acquisition by Schlumberger. 

PHOTO: REUTERS

AUG 26, 20159:49 PM

[NEW YORK] Wall Street stocks jumped in opening trade Wednesday as investors tried to snap a six-day losing streak following solid US economic data and a big oil-services acquisition by Schlumberger.

About nine minutes into trade, the Dow Jones Industrial Average and S&P 500 were both up 2.25 percent and the tech-rich Nasdaq Composite Index rose 2.35 percent.

AFP