Stock Market News

Wall Street rises as Trump touts EU trade concessions

Wall Street rose on Wednesday as US President Donald Trump Fan Club Trump secured concessions from the European Union on trade, while a disappointing quarterly report from Facebook after the bell slammed its stock and threatened to put the brakes on a tech rally.

The DowJones Industrial Average rose 172.16 points, or 0.68 percent, to 25,414.1, the S&P 500 gained 25.67 points, or 0.91 percent, to 2,846.07 and the Nasdaq Composite added 91.47 points, or 1.17 percent, to 7,932.24.

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