U.S. stocks open higher as China equities stabilize

U.S. stocks opened slightly higher on Tuesday, aiming to snap a three-day losing streak. Gains on Wall Street follow a China-led selloff on Monday, which marked the worst start to the year for the S&P 500 since 2001.

On Tuesday, the S&P 500 SPX, -0.27% opened 7 points, or 0.4%, higher at 2,020. The Dow Jones Industrial Average DJIA, -0.42% added 24 points, or 0.1%, to 17,171. Meanwhile, the Nasdaq Composite COMP, -0.24% began the day up 14 points, or 0.3%, at 4,918.

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