Wall Street gains on optimism over possible delay in auto tariffs

Credit: Reuters- Published on May 15, 2019
U.S. stocks gained ground on Wednesday after a report that President Donald Trump was set to delay a decision to impose auto tariffs, offering respite to markets worried about slowing global growth after a batch of weak economic data.
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Credit: Wochit Business
Published on May 15, 2019 -  00:36
Wall Street Is Up After Delay To Auto Tariffs For European Imports
According to Reuters, the top markets on Wall Street are making gains for a second day after the Trump administration delayed automotive tariffs targeting Europe. By the afternoon on May 15th, the top three markets on the New York Stock Exchange were trading up over half a percent each. The Nasdaq Composite led gains in the morning, rising about 1-percent, and adding about 75-points. The Dow Jones Industrial Average and the S&P 500 added about half a percent each.

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