US Stock Market Highlights: US stocks closed higher on Monday (June 2), the first trading session of June, as markets shrugged off mounting global trade tensions. The S&P 500 rose 0.41% to end at 5,935.94, while the Nasdaq Composite gained 0.67% to finish at 19,242.61. The Dow Jones Industrial Average inched up 35.41 points, or 0.08%, closing at 42,305.48.
US Stock Market Highlights: US stocks closed higher on Monday (June 2), the first trading session of June, as markets shrugged off mounting global trade tensions. The S&P 500 rose 0.41% to end at 5,935.94, while the Nasdaq Composite gained 0.67% to finish at 19,242.61. The Dow Jones Industrial Average inched up 35.41 points, or 0.08%, closing at 42,305.48. The gains came even as US-China trade friction escalated. Beijing rejected Washington’s claims of breaching a temporary trade agreement and instead accused the US of failing to meet its obligations, suggesting a worsening outlook for talks between the two economic giants.
