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 .DJI rose 38.59 points,
or 0.15%, to 26,504.13, the S&P 500 .SPX gained 8.72 points,
or 0.30%, to 2,926.47 and the Nasdaq Composite .IXIC added
33.44 points, or 0.42%, to 7,987.32.