US STOCKS-Wall St dips on trade tensions, hopes of rate cut limit losses

World News: . []

US STOCKS-Wall St dips on trade tensions, hopes of rate cut limit lossesWall Street's main indexes dipped on Wednesday as worries of a protracted U.S.-China trade war were heightened by Washington's tough stance, but losses were limited by a tame inflation report that supported the case for an interest rate cut. Data showed consumer prices edged up 0.1% in May, in line with expectations of economists polled by Reuters and pointed to moderate inflation. Excluding the volatile food and energy components, the CPI nudged up 0.1%.


Read More: https://news.yahoo.com/us-stocks-wall-st-dips-141627644.html

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