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Wall Street Rises As Trade War Rhetoric Recedes

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Wall Streets top trading indexes added gains late in the day on June 6th. As trade worries eased throughout the day, the Dow Jones, S&P 500, and Nasdaq all started to climb. According to Mona Mahajan with Allianz Global Investors, the on-again-off-again trade war rhetoric coming from the Trump administration is off-again. In kind, the markets took off again after White House economic adviser Larry Kudlow stated tariffs would be a topic of conversation at the upcoming G7 summit. The Dow Jones Industrial Average gained 287 points on the day, while the S&P gained 19 points, and the Nasdaq Composite gained 39 points.

Added on the 06/06/2018 16:03:08 - Copyright : Wochit

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