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Wall Street advances on hopes for selective Trump tariffs

2025-01-07 02:50:10| The Economic Times

Wall Street's indexes saw gains on Monday, driven by semiconductor stock rallies and a report suggesting a less aggressive tariff approach by the Trump administration. The Dow climbed 67 points, S&P 500 rose by 41 points, and Nasdaq increased by 243 points. Chipmakers surged with Nvidia, AMD, and Micron leading gains, thanks to Microsoft's AI investment and Foxconn's strong earnings.


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