Wall Street Rises As Trade War Rhetoric Recedes
- 6 years ago
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.
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.