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Al Jazeera
Al Jazeera
Business

US stock market surges to record high despite Trump’s tariff threats

Donald Trump United States Euro
People walk past the New York Stock Exchange on November 26 2024 [Peter Morgan/AP]

US stocks have hit record highs despite United States President-elect Donald Trump’s pledge to impose sweeping tariffs that threaten to upend international trade.

The S&P 500, which measures the performance of 500 of the biggest US firms, rose 0.57 percent on Tuesday to top its previous high set on November 11.

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