US stock markets have opened significantly higher after China sewed hopes of more stimulus and a rally in government bonds slowed down. Read more: FTSE 100 follows European stocks upwards after it reopens The tech-heavy Nasdaq index was the biggest climber, rising one per cent shortly after the opening bell. The S&P 500 had risen 0.8 per cent, while the Dow Jones was up 0.6 per cent. US stocks followed their European counterparts upwards. The German Dax had risen 0.9 per cent by early afternoon, the French CAC 40 had climbed 0.9 per cent, while the FTSE 100 was up 0.3 per cent. Global Investors were buoyed by the news that China is planning to inject some stimulus into its economy. Its state planning office said this morning it would act to increase disposable income. Stock markets have had a torrid two weeks following the announcement by US President Donald Trump that his administration planned to put 10 per cent tariffs on $300bn of Chinese goods, adding to the $250bn of goods t..