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U.S. stocks open slightly higher after trade deficit data

Clyde Edgerton by Clyde Edgerton
June 7, 2023
in Markets
U.S. stocks open slightly higher after trade deficit data
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U.S. stocks opened slightly higher Wednesday as investors digested data showing the U.S. trade deficit widened sharply in April. The Dow Jones Industrial Average
DJIA,
+0.12%
edged up 0.1% soon after the opening bell, while the S&P 500
SPX,
+0.33%
rose less than 0.1% and the Nasdaq Composite
COMP,
+0.56%
gained 0.1%, according to FactSet data, at last check. The Commerce Department said Wednesday that the U.S. trade deficit widened 23% in April to the largest in six months as imports rose and exports fell. 



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