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Fortune
Fortune
Irina Ivanova

Stocks surge for 3rd straight day on hopes of tariff progress

Donald Trump Scott Bessent
(Credit: Michael M. Santiago—Getty Images)
  • Stock markets rose for the third consecutive day as companies reported solid earnings amid rising investor hopes for a détente in the U.S. trade standoff with China.

Stock markets closed higher Thursday, buoyed by hopes of a cooling off in the U.S.-China trade war after Trump administration officials earlier this week painted a picture of progress.

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