June 19, 2019 / 8:08 PM / 6 months ago

US STOCKS SNAPSHOT-Wall St rises as investors cheer Fed rate cut signal

June 19 (Reuters) - The S&P 500 approached its record high on Wednesday after the Federal Reserve signaled potential U.S. interest rate cuts later this year, reassuring investors worried that the U.S.-China trade war could stall economic growth.

The Dow Jones Industrial Average rose 38.59 points, or 0.15%, to 26,504.13, the S&P 500 gained 8.72 points, or 0.30%, to 2,926.47 and the Nasdaq Composite added 33.44 points, or 0.42%, to 7,987.32. (Reporting by Noel Randwich Editing by James Dalgleish)

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