Wall Street Gains As Trade Optimism Trumps Dim Economic Data

Wall Street Gains As Trade Optimism Trumps Dim Economic Data

Thursday, May 16, 2019
The DowJones Industrial Average rose 173.38 points, or 0.68%, to 25,705.43, the S&P 500 gained 22.3 points, or 0.79%, to 2,856.71 and the Nasdaq Composite added 96.90 points, or 1.25%, to 7,831.40.

Wall Street turned positive on Wednesday following reports that US President DonaldTrump would hold off on imposing tariffs on imported cars and parts, easing slowdown fears after downbeat economic data.

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