Stock market rallies to close on relief Trump stops short of imposing reciprocal tariffs
U.S. stocks closed higher after President Donald Trump declined to enact reciprocal tariffs on Thursday. Instead, he asked federal agencies to study how they might implement the taxes.Trump's stopping short of imposing a broad range of tariffs on a swath of countries was a relief to investors worried about effects of a potential trade war on the economy and inflation.

Stock market rallies to close on relief Trump stops short of imposing reciprocal tariffs
S&P 500, Dow and Nasdaq end up after Trump holds off on reciprocal tariffs, avoiding a trade war that could slow the economy and fan inflation.
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