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Wall Street Closes with Modest Gains, Dollar Weakens as Trade Tensions Flare

June 03, 2025, 05.45 AM | Source: Reuters
Wall Street Closes with Modest Gains, Dollar Weakens as Trade Tensions Flare

ILUSTRASI. Trade tensions between US and China escalate, affecting global markets with Trump plans to double tariffs on steel and aluminum, EU vows retaliation

GLOBAL MARKET - NEW YORK. Wall Street ended a choppy session higher on Monday and the dollar softened as trade tensions between Washington and Beijing heated up and investors showed caution ahead of U.S. employment data and a widely expected policy rate cut from the European Central Bank.

The S&P 500 notched a modest advance, while tech boosted the Nasdaq to a more substantial gain. The blue-chip Dow ended the session barely in positive territory.

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