The Dow and wider US stock market raced higher on Wednesday, adding to Tuesday’s mammoth 372 point gain. Dow Builds on 372 Point Rally Traders are excited that efforts are underway to avoid the government shutdown. While that was good news, investors were particularly enamored with news over China tariff negotiations. This was based on some optimistic words from President Donald Trump. The S&P 500 closed above its 200-day moving average, which it hadn’t seen since Dec. 3, and analysts such as Fundstrat’s Tom Lee said that this was a bullish flag for the stock market’s performance in 2019. MACRO: pretty
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