Dow Rises 300 Points on Trade Deal Optimism
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U.S. stocks rallied as investors cheered signs of progress in trade negotiations, with the Dow Jones Industrial Average climbing 300 points. The S&P 500 and Nasdaq Composite also posted gains, buoyed by comments from U.S. Commerce Secretary Howard Lutnick suggesting a trade deal was nearing completion.
Despite the uptick, markets remain wary of lingering trade uncertainties under the current administration. The S&P 500 is poised for its worst performance in the first 100 days of a presidency since Nixon’s term in 1973.
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