Wall Street inches higher as trade fears ebb

European stocks got a boost after the United States offered to abandon threatened levies on European cars in return for concessions, with German Chancellor Angela Merkel saying she would back lowering European Union tariffs on U.S. car imports. The rally in Europe spilled over to U.S. stocks, with New York-listed stock of Fiat gaining 5.8 percent. …read more

Source:: Yahoo Finance


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