Wall Street's main indexes closed higher after a choppy session on Thursday...
New York - Wall Street’s main indexes closed higher after a choppy session on Thursday as investors grew more optimistic on trade after reports that the United States is considering a delay in imposing tariffs on Mexican imports.
But strategists urged caution until a final U.S.-Mexico deal is reached and followed by a U.S.-China trade deal. The Dow Jones Industrial Average rose 181.09 points, or 0.71%, to 25,720.66, the S&P 500 gained 17.34 points, or 0.61%, to 2,843.49 and the Nasdaq Composite added 40.08 points, or 0.53%, to 7,615.55.
While investors are hopeful that the U.S. Federal Reserve could be open to cutting interest rates if needed, they were cautious before the U.S. jobs report due on Friday morning after private data was weaker than expected on Wednesday.
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