US chip stocks surge on trade deal hopes, WallStreet edges up

The DowJones Industrial Average rose 39 points, or 0.15%, to 26,218.13, the S&P 500 gained 6.16 points, or 0.21%, to 2,873.4 and the Nasdaq Composite added 46.86 points, or 0.6%, to 7,895.55.

US stocks edged higher on Wednesday, extending a strong start to the quarter as a rally among chipmaker shares provided a boost to the broader market on growing hopes of a trade deal between Washington and Beijing.

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Posted in: Indian Market Tips