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Wall Street gains ground after shaking off four-week losing streak

Stocks closed broadly higher Monday amid hopes on Wall Street that the Trump administration may take a more targeted approach as it tees up a new round of tariffs on imported goods next week. The S&P 500 jumped 1.8%. The index was coming off its first winning week after a four-week losing streak. The Dow Jones Industrial Average rose 1.4%, and the Nasdaq composite closed 2.3% higher. “The market was primed to respond well if the administration pulled back on some of the tariff threats or even provided off ramps...