New York - Wall Street’s main indexes closed higher after a choppy session on Thursday as investors grew more optimistic on trade after reports that the United States is considering a delay in imposing tariffs on Mexican imports.
But strategists urged caution until a final U.S.-Mexico deal is reached and followed by a U.S.-China trade deal. The Dow Jones Industrial Average rose 181.09 points, or 0.71%, to 25,720.66, the S&P 500 gained 17.34 points, or 0.61%, to 2,843.49 and the Nasdaq Composite added 40.08 points, or 0.53%, to 7,615.55.
While investors are hopeful that the U.S. Federal Reserve could be open to cutting interest rates if needed, they were cautious before the U.S. jobs report due on Friday morning after private data was weaker than expected on Wednesday.
Wall Street up because something Trump said he would do hasn't yet. And this guy is supposed to be great for the economy how?
I don't care what Wall Street thinks! The President's tariffs are going to work and make our country very rich! 😁
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Asia markets set to trade higher following overnight gains on Wall StreetOvernight on Wall Street, stocks jumped as the major indexes had their second-best day of 2019, all rising more than 2% each on the day.
Source: CNBC - 🏆 12. / 72 Read more »
US futures signal more gains after Wall Street logs its second best day of the yearU.S. stock index futures were slightly higher on Wednesday morning, after Wall Street delivered its second best day of trade for 2019 in the previous session.
Source: CNBC - 🏆 12. / 72 Read more »
Tesla's outpacing its electric car competitors, with May demand for Model 3 surprising Wall StreetThe key metric of deliveries for Tesla is bouncing back after a disappointing first quarter. GerberKawasaki tesla_truth Teslarati Model3Owners cleantechnica FINALLY some fair unbiased news reporting wooo 🥳🤩 TashaARK ARKInvest Tasha, looks like your numbers and assessments were quite spot on! 🥳
Source: CNBC - 🏆 12. / 72 Read more »
Rahm Emanuel, Ex-Chicago Mayor, Is Going to Wall StreetFormer Chicago mayor and longtime Democratic operative Rahm Emanuel is joining Centerview, a boutique investment bank, as a counselor to large firms. Of course, he is. LOL ... where else? LOL Shocker
Source: WSJ - 🏆 98. / 63 Read more »
Treasury yields edge lower as Wall Street rally fadesU.S. government debt prices rose Thursday morning, as risk-on sentiment faded on Wall Street after two sessions of strong gains.
Source: CNBC - 🏆 12. / 72 Read more »
U.S. needs a good jobs report and Wall Street forecasts one: 180,000 new jobs, 3.6% unemploymentThe labor market has been a bedrock for the economy during destabilizing trade fights with China and other countries, but it needs to stay strong to help the U.S. stave off the first recession in a decade. The economy likely added 185,000 new jobs in May, keeping the U.S. unemployment rate at nearly 50-year low of 3.6%.
Source: MarketWatch - 🏆 3. / 97 Read more »