US stocks gain on report of possible Mexico tariff delay

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NEW YORK: Wall Street stocks finished solidly higher for a third straight session on Thursday (Jun 6) following a report that the White House ...

NEW YORK: Wall Street stocks finished solidly higher for a third straight session on Thursday following a report that the White House could delay tariffs on Mexican imports.

The broad-based S&P 500 gained 17.34 points , settling at 2,843.49, while the tech-rich Nasdaq Composite Index advanced 40.08 points to 7,615.56. But investors welcomed the Bloomberg report, along with upbeat comments from Mexican Foreign Minister Marcelo Ebrard, who said talks with US officials at the State Department had yielded progress."Yes, I think we have advances today," Ebrard told reporters after more than two hours of talks with mid-level US officials.

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