NewsFeeder
07-05-2018, 12:40 PM
US STOCKS-Wall St rises as trade fears ease; Fed minutes awaited
U.S. stocks rose broadly on Thursday as the United States dialed back its stance on tariffs on European cars while moving to impose duties on Chinese goods worth $34 billion. Tariffs continued to dictate trading activity but investors also awaited the U.S. Federal Reserve's minutes from its June 12-13 policy meeting, where it raised interest rates for the second time this year and signaled that more are likely. Shares of big U.S. automakers General Motors and Ford rose but technology stocks led the gains, with chipmakers Qualcomm, Micron and Qorvo rising the most in tech indexes.
https://finance.yahoo.com/news/us-stocks-wall-st-rises-173713832.html?.tsrc=rss
U.S. stocks rose broadly on Thursday as the United States dialed back its stance on tariffs on European cars while moving to impose duties on Chinese goods worth $34 billion. Tariffs continued to dictate trading activity but investors also awaited the U.S. Federal Reserve's minutes from its June 12-13 policy meeting, where it raised interest rates for the second time this year and signaled that more are likely. Shares of big U.S. automakers General Motors and Ford rose but technology stocks led the gains, with chipmakers Qualcomm, Micron and Qorvo rising the most in tech indexes.
https://finance.yahoo.com/news/us-stocks-wall-st-rises-173713832.html?.tsrc=rss