By CCN: The Dow inched higher on Friday after President Trump stunned Wall Street with his prediction that the trade war would be resolved unbelievably quickly. However, as an increasingly-nationalist Beijing continues to strike an isolationist pose, is the White House fattening the stock market on a diet of false hopes ahead of a painful economic cold war? Dow Bounces Into Recovery Mode All of Wall Street’s major indices bounded into recovery mode on Friday morning, only to trim those gains heading into midday. The Dow Jones Industrial Average jumped by triple digits at the opening bell, but by 12:14
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