US STOCKS-Rate cut bets buoy futures despite rise in trade tensions [Reuters]
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Source: Reuters
US STOCKS-Rate cut bets buoy futures despite rise in trade tensions - Reuters 3 Min Read (For a live blog on the U.S. stock market, click or type LIVE/ in a news window.) * Futures up: Dow 0.29%, S&P 0.31%, Nasdaq 0.40% By Medha Singh June 6 (Reuters) - U.S. stock futures pointed to further gains on Thursday, as hopes of an interest rate cut countered a flare up in trade tensions after President Donald Trump threatened fresh tariffs on Chinese goods. Trump said he could hit China with tariffs on “at least” another $300 billion worth of Chinese goods but he thought both China and Mexico wanted to make deals. While no face-to-face meetings have been held between the United States and China since May 10, talks with Mexico are expected to resume talks on Thursday after Trump said “not enough” progress on ways to curb migration was made a day earlier. After a surprise escalation in the trade spat in May that roiled the markets, Wall Street’s main indexes are on pace for their first weekly
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- AMD's page on the SEC website