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Wall Street rises on trade optimism, upbeat manufacturing data

Updated : January 18, 2019 08:42 PM IST

Also helping sentiment was the latest data showing US manufacturing output increased by the most in 10 months in December, which could allay fears of a sharp slowdown in factory activity.
The trade optimism was carried over from late Thursday session following a report that US Treasury Secretary Steven Mnuchin was considering lifting some or all tariffs imposed on Chinese imports. The Treasury denied Mnuchin had made any such recommendation.
Wall Street rises on trade optimism, upbeat manufacturing data
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