US stocks open at fresh all-time highs

The main US stock indices rose on Friday, to reach new record highs, to continue the record-breaking rally amid lingering optimism about the Sino-US trade trade relations.

President Donald Trump and Chinese Vice Premier Liu He signed the phase-one of the trade deal on Wednesday.

Trump said that the partial trade pact will return $250 billion to the US through Chinese purchases of its goods and services.

Data showed today that housing starts and building permits in the US housing market rose in December.

Dow Jones rose by 0.2% or 55 points to 29,352 as of 15:10 GMT, Nasdaq added 0.2% or 21 points to 9,378, and S&P 500 rose by 0.2% or 8 points to 3,325.