US stocks end higher as traders shake off trade tensions
Lucian Nemoiu
NEW YORK: US stocks shook off a gloomy start to the week to close higher on Monday (Jun 2), with traders looking through the new trade uncertainty fuelled by President Donald Trump's recent tariff threats . On Friday, Trump unleashed a new fear into the financial markets, threatening to double steel tariffs from 25 per cent to 50 per cent. But by Monday afternoon, traders were adopting a more buoyant mood, with all three major indices on Wall Street closing higher. The Dow Jones Industrial
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