Ahead Of The Bell: Trade Deficit

WASHINGTON (AP) — The U.S. trade deficit likely increased slightly in April, reflecting rising world crude oil prices.

Wall Street expects the trade deficit to edge up to $29 billion in April, according to the consensus of economists surveyed by Thomson Reuters. The trade deficit widened to $27.6 billion in March from $26.1 billion in February, which had been the smallest gap in nine years.

Through the first three months of this year, the trade deficit was running at an annual rate of $359.7 billion, down significantly from last year's $681.1 billion. ...