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The Closing Bell: Dow Rises More Than 170 points Ahead Of U.S. Tariffs On China, Tech Jumps
FYI: U.S. stocks rose as markets prepared for the implementation of fresh trade restrictions between America and China. Investors also assessed minutes from the most recent Federal Reserve meeting where officials reaffirmed the need for gradual interest rate hikes amid increasing trade risks.
All major equity benchmarks in the U.S. gained, with the Nasdaq 100 Index leading the way on strength in chipmakers. European automakers drove the continent’s stock markets higher on hopes of a trans-Atlantic tariff agreement. Regards, Ted
