US EditionWall Street rises on hopes for trade deals that could forestall a recession
- On Thursday in New York, U.S. Stocks surged following the announcement of a new trade agreement between the United States and the United Kingdom that reduces certain tariffs and trade barriers.
- The trade deal followed ongoing trade tensions, including U.S. Tariffs up to 145% on Chinese goods and calls from China for tariff cancellations.
- The agreement preserves a 10% tariff on imports from the U.K. While reducing duties on select British cars and expanding U.S. Export opportunities for beef and ethanol in the U.K. Market.
- At 11:45 a.m., the S&P 500 rose 1.4%, on track for its 11th gain in 13 days, while Dow Jones increased 566 points and Bitcoin jumped above $101,000.
- Markets hope that additional trade agreements, including upcoming talks in Switzerland, could reduce tariffs and help avoid a recession caused by economic uncertainty.
41 Articles
41 Articles
US stocks rise on hopes for trade deals
NEW YORK, United States — US stocks rose Thursday after the United States and United Kingdom announced a deal on trade that would lower some tariffs between the two countries. This is the first of what Wall Street hopes will be enough agreements to keep a recession from hitting the economy. The S&P 500 climbed 0.6 percent for its 11th gain in the last 13 days. The Dow Jones Industrial Average added 254 points, or 0.6 percent, and the Nasdaq comp…
Wall Street gains as first trade deal reached | Honolulu Star-Advertiser
NEW YORK >> U.S. stocks rose today as investors cheered a new trade agreement hammered out between the United States and Britain, while President Donald Trump signaled upcoming talks with China would be more substantial than initially thought.
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marketbeat.comHow major US stock indexes fared Thursday, 5/8/2025
U.S. stocks rose after the United States and United Kingdom announced a deal on trade that would lower some tariffs and restrictions between the two countries. The S&P 500 climbed 0.6% Thursday, marking its 11th gain in the last 13…
Stocks rally after U.S.-U.K. trade deal
KEY TAKEAWAYS: U.S. and U.K. announce trade deal easing tariffs S&P 500 and Dow climb more than 1% Trump signals possible progress in China negotiations Mixed economic data sparks inflation and recession concerns U.S. stocks are rallying Thursday after the United States and United Kingdom announced a deal on trade that would lower some tariffs and restrictions between the two countries, the first of what Wall Street hopes will be enough ag…
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