Dow industrials nail 200-day average, Nasdaq capped by the range top

The major U.S. benchmarks are higher early Thursday, rising amid reports that the U.S. has proposed to the European Union a “zero tariff” solution on cars.

Against this backdrop, the Dow industrials have nailed the 200-day moving average (24,354) — topping within three points early Thursday — while S&P 500 and Nasdaq Composite remain range-bound.

Before detailing the U.S. markets’ wider view, the S&P 500’s

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