US Stocks Rise as Fed Hints at Rate Cut, Despite Additional China Tariffs Threat

US Stocks Rise as Fed Hints at Rate Cut, Despite Additional China Tariffs Threat
Traders and financial professionals work at the opening bell on the floor of the New York Stock Exchange on June 3, 2019. Drew Angerer/Getty Images
Petr Svab
Petr Svab
reporter
|Updated:

U.S. stocks rose in June 6 trading after reports of a narrowing in the United States’ trade deficit and indications that the Federal Reserve may consider cutting interest rates.

The Dow Jones Industrial Average gained 181.09 points, or 0.71 percent, to 25,720.66, bringing its gain for the week to more than 900 points. The Standard and Poor 500 rose 0.61 percent to 2,843.49, while the Nasdaq Composite gained 0.53 percent to 7,615.55.
Petr Svab
Petr Svab
reporter
Petr Svab is a reporter covering New York. Previously, he covered national topics including politics, economy, education, and law enforcement.
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