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US stocks closed near session highs on Monday as investors welcomed reports that the next wave of President Trump's tariffs will be narrower than expected.
The S&P 500 (^GSPC) rose almost 1.8% on the heels of the broad benchmark snapping a four-week losing streak. The Dow Jones Industrial Average (^DJI) advanced 1.4%, while contracts on the tech-heavy Nasdaq Composite (^IXIC) led the gains, up 2.3%.
On Monday afternoon, President Trump said he may give "a lot of countries breaks" when it comes...
>>> Read more: Stock market today: Dow, S&P 500, Nasdaq soar on hopes Trump may dial back next tariff wave
The S&P 500 (^GSPC) rose almost 1.8% on the heels of the broad benchmark snapping a four-week losing streak. The Dow Jones Industrial Average (^DJI) advanced 1.4%, while contracts on the tech-heavy Nasdaq Composite (^IXIC) led the gains, up 2.3%.
On Monday afternoon, President Trump said he may give "a lot of countries breaks" when it comes...
>>> Read more: Stock market today: Dow, S&P 500, Nasdaq soar on hopes Trump may dial back next tariff wave
