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S&P 500 eyes best three-day gain since Donald Trump's election in Nov 2016

If current gains for S&P 500 hold, it would be the best three-day run since Trump's election victory in November 2016


The S&P 500 on Thursday headed for its best three-day rise since President Donald Trump's election as technology and industrial shares bolstered a recovery on easing trade war concerns. Shares of Boeing and Caterpillar, among the worst hit on Wednesday after China retaliated with $50 billion in tariffs on U.S. goods such as soybeans, autos, and some types of aircraft, rose 1.7 percent and 3 percent. "There is a lot of bad news on the trade front built into the market. So the ability of the equity markets to push significantly lower is going to be limited," said John ...

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First Published: Thu, April 05 2018. 22:04 IST