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Wall Street gains on earnings optimism, waning Syria jitters

Reuters  |  NEW YORK 

By April JoynerNEW YORK (Reuters) - U.S. stocks climbed on Thursday as investors anticipated a strong earnings season and as U.S. President Donald Trump's suggestion that a military strike on Syria may not be imminent ratcheted down geopolitical worries.The S&P 500 has now recouped nearly all its losses from earlier this year.Trump said in a tweet on Thursday that a possible attack on Syria could occur "very soon or not so soon at all," easing fears of confrontation with Russia.That lifted U.S. Treasury yields , leading to a 1.8 percent increase in financial stocks , which had the biggest ...

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First Published: Fri, April 13 2018. 02:28 IST
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