02-02-2017 17:37 via news.yahoo.com

Wall St. edges up on gains in consumer stocks

Investors are assessing consequences of Trump's latest actions, including labeling a refugee swap agreement with staunch rally Australia as a "dumb deal" and putting Iran "on notice" for firing a ballistic missile. U.S. equities had enjoyed a frenetic post-election rally on bets that Trump would usher in an era of growth, stimulating the economy through tax cuts, simpler regulations and higher infrastructure spending.
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