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Wall Street Bounces Back With Easing Trade Tension

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According to Business Insider, Wall Street is rebounded after renewed optimism over trade between the US and China. Although the top three markets on the New York Stock Exchange were trading up over 1-percent each, they ceded some gains by the end of the day. The Dow Jones Industrial Average added about 108-points on the day, rising to 24,530. The Nasdaq Composite added about 60-points, while the S&P 500 gained 14-points. Those gains were contributed by Boeing and Caterpillar, which rose about 2-percent each. But healthcare stocks and tech stocks also helped Wall Street rally.

Added on the 12/12/2018 17:05:24 - Copyright : Wochit

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