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Wall Street rises after encouraging inflation data, but the trade war keeps batting stocks around
U.S. stocks are rising Wednesday after Wall Street got some relief from an encouraging inflation update. But even on a rare up day for the market, President Donald Trump’s trade war is still knocking stocks around. The S&P 500 was up 0.8% in late trading after skidding between an even bigger early gain and a later loss. The unsettled trading came a day after the index briefly fell more than 10% below its all-time high set last month. The Dow Jones Industrial Average also pinballed sharply, careening between a gain of 287 points and a loss of 423. It was up 45 points, or 0.1%, with an hour remaining in trading, ... (full story)