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Wall Street veers back upward after Trump softens his criticism of China

NEW YORK (AP) — And back up goes Wall Street. U. S. stocks are rallying Monday after President Donald Trump said " it will all be fine,” just days after he sent the market reeling by threatening much higher tariffs on China. The S&P 500 jumped 1. 5% to recover more than half its drop from Friday, and it was heading toward its best day since May. The Dow Jones Industrial Average was up 581 points, or 1. 3%, as of 2:45 p. m. Eastern time, and the Nasdaq composite was 2. 1% higher. “Don’t...

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