US stocks rise due to interest rate expectations and deferral of China fees

Economy and stock exchange

US stocks opened higher on Friday after weak job data in May boosted speculation that the Federal Reserve would cut interest rates as the market drew further support from news that the United States would give China more time to avoid raising tariffs. .

The Dow Jones industrial average <.DJI> was up 48.06 points, or 0.19 percent, at 25,768.72. The Standard & Poor's 500 index gained 9.38 points, or 0.33 percent, to 2,852.87. The Nasdaq Composite Index was up 37.42 points, or 0.49 percent, to open at 7,552.97.

. (tagsToTranslate) US Stocks (t) Interest Rates (t) US Central Bank t US Economy t (t) China