5/30/2019, 10:36 AM (Source: TeleTrader)
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Wall Street higher premarket despite trade tensions

Stocks in the United States grew premarket on Thursday despite the ongoing trade war and global slowdown concerns. Media reported The Boeing Company's 737 MAX may return to service during August. Chevron announced it was selling its North Sea assets to Ithaca for $2 billion. Chinese Ministry of Commerce reiterated earlier statements, warning it will "firmly defend national interests" and will take the "necessary actions" to retaliate against hostile actions.

The Dow Jones Industrial Average was 0.21% at 4:33 am ET, while the Nasdaq 100 rose 0.29%. At the same time, the S&P 500 gained 0.25%.

The euro and the pound were flat against the dollar at 4:34 am ET, changing hands for $1.11362 and $1.26340 respectively.

Breaking the News / MD