Wall Street closes higher after volatile trading as recovery hopes offset pandemic fears
Recovery hopes do battle with revived trade war fears and bleak US economic data
14 May 2020 - 22:33
New York — Wall Street surged on Thursday as investors weighed the prospect of economic recovery against bellicose remarks from President Donald Trump regarding US-China trade and a whistle-blower's dire warnings about the US response to the coronavirus pandemic.
While the Dow, S&P 500 and Nasdaq ended the session solidly higher, they see-sawed for much of the day, with reopening state economies and the possibility of additional stimulus doing battle with revived trade war fears and bleak economic data...
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