NEW YORK (AP) — U.S. stocks are rising after President Donald Trump said he was set to announce an agreement on trade with the United Kingdom.
Wall Street hopes more deals will follow and that they’ll be enough to keep a recession at bay. The S&P 500 rose 0.7% in early trading Thursday.
The Dow Jones Industrial Average was up 212 points, and the Nasdaq composite was 0.9% higher. Stocks have been swinging for weeks with hopes that Trump could reach deals with other countries that would lower his tariffs. A day earlier, the Federal Reserve chair warned that sustained tariffs could hurt the economy.
Read More Details
Finally We wish PressBee provided you with enough information of ( Wall Street opens higher after Trump says trade deal with United Kingdom will be announced )
Also on site :
- 1 in custody, no shots fired: Police respond to Gaylord Rockies Resort Center Wednesday
- Bianca Censori Goes Braless in Sheer Top and Tiny Shorts in Los Angeles
- Tree falls onto I-77; severe weather around Charlotte causes airport ground stoppage, thousands of power outages