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S&P rises after report on Trump tariff plan

Reuters  |  NEW YORK 

(Reuters) - The three major U.S. stock indexes gained ground on Thursday after a report that all countries could negotiate for exclusions from Donald trump's proposed metals tariffs and that and could be exempted indefinitely.

cited unnamed sources for its report less than an hour ahead of Trump's expected announcement.

"If you see these negotiations play out in this surgical manner the administration has been referring to you might see a less risky outcome," said Emily Roland, at in

The Dow Jones Industrial Average <.DJI> rose 63.41 points, or 0.26 percent, to 24,864.77, the <.SPX> gained 9.75 points, or 0.36 percent, to 2,736.55 and the <.IXIC> added 28.61 points, or 0.39 percent, to 7,424.26.

(Reporting by in New York; Editing by James Dalgleish)

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Fri, March 09 2018. 02:03 IST