Wall Street opens higher after Trump says trade deal with United Kingdom will be announced

NEW YORK AP U S stocks are rising after President Donald Trump revealed he was set to announce an agreement on contract with the United Kingdom Wall Street hopes more deals will follow and that they ll be enough to keep a recession at bay The S P rose in early trading Thursday The Dow Jones Industrial Average was up points and the Nasdaq composite was higher Stocks have been swinging for weeks with hopes that Trump could reach deals with other countries that would lower his tariffs A day earlier the Federal Reserve chair warned that sustained tariffs could hurt the financial system