US trade gap widens less-than-expected in April

Official data from the US Department of Commerce showed on Wednesday that the country's trade deficit grew to $57.5 billion in April, compared to the $60 market forecast and following the $57.1 billion gap seen in the third month of the year. Exports of goods rose 2.4% to to $119.3 billion, whereas imports increased 1.9% to $176.8 billion in April.