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Wall Street rebounds as tariff delay prompts rally

Stock MarketsAug 13, 2019 04:05PM ET
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© Reuters. Traders work on the floor at the New York Stock Exchange (NYSE) in New York

(Reuters) - U.S. stocks closed higher on Tuesday after an announced delay of planned tariffs on select Chinese imports brought buyers back to the equities market in a broad-based rally.

The Dow Jones Industrial Average (DJI) rose 307.78 points, or 1.19%, to 26,215.15, the S&P 500 (SPX) gained 38.81 points, or 1.35%, to 2,922.56 and the Nasdaq Composite (IXIC) added 152.95 points, or 1.95%, to 8,016.36.

Wall Street rebounds as tariff delay prompts rally
 

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Comments (12)
Andrew Gatlin
JustaGuy Aug 13, 2019 3:23PM ET
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to China this is Trump caving in.  No need for them to negotiate.
Jack Zhang
Jack_A Aug 13, 2019 1:11PM ET
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why delay, sooner is better, because China will pay tariff and Trump will know how smart he is
Ken Giro
Ken Giro Aug 13, 2019 1:11PM ET
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Hahaha, I like this one. Still remember he was so proud of collecting tariffs from China, hahaha.
DFresh Shiindatya
DFresh Shiindatya Aug 13, 2019 1:06PM ET
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Your girlfriend is going to kick you out for blowing your money today
Tumelo Mash
Tumelo Mash Aug 13, 2019 1:06PM ET
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Don't you start. It's been my own personal financial crisis today
Jacky Lee
Jacky Lee Aug 13, 2019 12:31PM ET
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This is trump market
edgar siordia
edgar siordia Aug 13, 2019 10:57AM ET
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gold is the way to go.
DFresh Shiindatya
DFresh Shiindatya Aug 13, 2019 10:57AM ET
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Still holding it on a buy
Tumelo Mash
Tumelo Mash Aug 13, 2019 10:57AM ET
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You are dead its not gonna touch those $1529 high again any time soon unless Donald Twitter trades come out
Antonis Kallergis
LeGrec Aug 13, 2019 10:33AM ET
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Trump gives Xi 20 days to resolve his HK issues. Then back to the game. A politician never kills another.
Bowen Li
Bowen Li Aug 13, 2019 10:33AM ET
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Good thought
Tom OKray
Tom OKray Aug 13, 2019 10:21AM ET
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Just tink what the market would do if all tariffs were removed. The financial markets and the economy would really boom. The Fed is not the problem Trumps tariffs are.
Nathan Dunn
Nathan19 Aug 13, 2019 10:21AM ET
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It would be an equities bonanza
Tumelo Mash
Tumelo Mash Aug 13, 2019 10:20AM ET
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@Max Rochester I don't even care what they say anymore. They news are fake or outdated. It's just a scheme to get the dumb money to enter late and lose
Max Rochester
Max Rochester Aug 13, 2019 10:18AM ET
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just stop this rubbish and pumping fake news
Tumelo Mash
Tumelo Mash Aug 13, 2019 10:18AM ET
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I was in the toilet when account blew. So please I am more angry than any investor alive Rn
Nathan Dunn
Nathan19 Aug 13, 2019 10:18AM ET
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This day will long be remembered for the Tumelo Mash Toilet Incident =)
Tumelo Mash
Tumelo Mash Aug 13, 2019 10:17AM ET
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Did yall witness the heavy fall in gold
Oliver Rios
orios01 Aug 13, 2019 10:09AM ET
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fail. lmao. it's almost like the ustr noticed 2bps between 2-10 and released positive news market open
 
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