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You are here: Home / US stocks climb on hope of US-Mexico trade deal

US stocks climb on hope of US-Mexico trade deal

………. ………. ………. ………. ………. ………. ………. ………. ………. ………. ………. ………. ………. ………. ………. ………. ………. ……….DEVELOPING… Story will be updated as new information can be verified. Updated 6 times AlertMeU.S. stocks finished higher Thursday as optimism that the U.S. and Mexico can work out a deal before costly tariffs kick in next week helped power the market to its third straight gain.A modest rally gained strength in the final hour of trading after Bloomberg reported that the U.S. was considering delaying a 5% tariff on Mexican goods that is set to go into effect on Monday.The report came as the two countries held a second day of trade talks. Both sides claimed to be making progress, but President Donald Trump insisted earlier in the day that a “lot of progress” had to be made before he would call off the tariffs.ADVERTISEMENTSkip ……………………………………………………….Investors have been anxious about escalating trade disputes between the U.S. and key trading partners, primarily China. Worries that the trade conflicts will drag on, stifling economic growth and hurting corporate profits, drove a monthlong sell-off in May. That derailed a market run that culminated with the benchmark S&P 500 setting an all-time high on April 30.Stocks… Read full this story

  • Fund investors tiptoe back into U.S. stocks on hopes for trade deal
  • China stocks close higher on trade deal optimism
  • Canada mulls NAFTA rejig as Trump unveils new Mexico trade deal
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  • US-Japan trade deal: half-full or half-empty?
  • EU and South American trading bloc Mercosur agree major trade deal after 20-year talks
  • 'US-UK Trade Deal Could Bolster Boris Johnson's General Election Bid' - Analyst
  • ‘Enormous progress’ on China trade deal: US
  • US Getting Closer on Trade Deal With China - Pompeo
  • India Opts to Stay Out of China-Backed Mega Trade Deal
US stocks climb on hope of US-Mexico trade deal have 284 words, post on www.abqjournal.com at June 6, 2019. This is cached page on Gatofuns. If you want remove this page, please contact us.

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