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[$$] Wall St rises on trade truce, oil bounce

Mamta Badkar

and a rally in crude prices was welcomed by investors, with Wall Street cinching its fifth gain in six sessions. Energy led the way with a 2.3 per cent rise, while consumer discretionary and tech stocks were close behind with gains of more than 2 per cent each. The truce would see Mr Trump suspend his decision to impose higher tariffs on Chinese imports next year by 90 days.