Equities on Wall Street were in the green during premarket trading following the United States President Donald Trump’s decision to suspend the implementation of tariffs on Mexican imports. Meanwhile, in business news, software giant Salesforce announced it will acquire data visualization software company Tableau Software for $15.7 billion in an all-stock deal. Merck and Co reached an agreement to buy the biopharmaceutical company Tilos Therapeutics for up to $773 million, while Texan oil company Comstock Resources said it will purchase rival Covey Park Energy LLC for $2.2 billion.
The Dow Jones Industrial Average was up 0.55% at 8:11 am ET, while the Nasdaq 100 increased 0.57%. The S&P 500 rose 0.51% at the same time.
The euro fell 0.28% against the dollar to change hands for $1.13013 at 8:13, while the pound slid 0.59% to $1.26604 concurrently.