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Wall Street Is Down On Trade Tensions

Video Credit: Wochit Business - Duration: 00:49s - Published < > Embed
Wall Street Is Down On Trade Tensions

Wall Street Is Down On Trade Tensions

According to Reuters, Wall Street’s main indexes dipped on Wednesday as worries of a protracted U.S.-China trade war were heightened by Washington’s tough stance, but losses were limited by a tame inflation report that supported the case for an interest rate cut.

Data showed consumer prices edged up 0.1% in May, in line with expectations of economists polled by Reuters and pointed to moderate inflation.

Excluding the volatile food and energy components, the CPI nudged up 0.1%.

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Wall Street Is Down On Trade Tensions

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