By CCN: The Dow raced toward recovery on Tuesday after the Trump administration caved to pressure to moderate its hardline stance on Chinese tech giant Huawei. However, as trade tensions grow increasingly fraught, investors should question the long-term health of the stock market. Dow Soars to Triple-Digit Rebound All of Wall Street’s major indices surged on Tuesday. As of 10:30 am ET, the Dow Jones Industrial Average had gained 136.8 points or 0.53% to jump to 25,816.7. The S&P 500 added 0.66% to recover to 2,859.03, while the Nasdaq rose 0.85% amid a bullish session for tech stocks. Trump Admin
The post Dow Booms After Trump Admin Flip-Flops on Ruthless Huawei Blacklist appeared first on CCN
* First published on ccn.com
