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.
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