Wall St. gains as trade optimism trumps dim economic data

© Reuters. Traders work on the floor at the NYSE in New York

NEW YORK (Reuters) – U.S. stocks ended higher on Wednesday as reports that U.S. President Donald Trump would hold off on imposing tariffs on imported cars and parts eased growth concerns, even as economic data disappointed investors.

Based on the latest available data, the rose 119.81 points, or 0.47%, to 25,651.86, the gained 16.73 points, or 0.59%, to 2,851.14 and the added 87.65 points, or 1.13%, to 7,822.15.

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