Dow Gains as Trump Announces U.S.-U.K. Trade Deal, but Can't Reach Escape Velocity

Dow Gains arsenic Trump Announces U.S.-U.K. Trade Deal, but Can't Reach Escape Velocity

Stocks were holding onto muted gains connected Thursday arsenic Wall Street awaited updates from President Donald Trump astir a commercialized pact with the U.K.

The S&P 500 was up 0.5%. The Dow was up 200 points, oregon 0.5%. The Nasdaq Composite was up 0.6%.

Though Trump’s Oval Office announcement was slated for 10 a.m. ET, marketplace observers were inactive waiting for it to statesman arsenic of 10:40 a.m. ET.