Wall Street edges higher on U.S.-China trade optimism

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Reuters NEW YORK
Last Updated : May 15 2018 | 1:55 AM IST

NEW YORK (Reuters) - Wall Street ended a choppy session slightly higher on Monday as weakness in defensive stocks offset trade optimism following U.S. President Donald Trump's conciliatory remarks toward China's ZTE Corp, calming the waters amid U.S.-China trade tensions.

The Dow Jones Industrial Average rose 70.1 points, or 0.28 percent, to 24,901.27, the S&P 500 gained 2.57 points, or 0.09 percent, to 2,730.29 and the Nasdaq Composite added 8.43 points, or 0.11 percent, to 7,411.32.

(Reporting by Stephen Culp; Editing by James Dalgleish)

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First Published: May 15 2018 | 1:41 AM IST

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