There’s a sweet spot for tariffs. Markets could revolt if Trump is way off | CNN Business

New York CNN  — 

US stocks are floating near all-time highs as Wall Street maintains cautious optimism that Washington might ink more trade deals, avoiding a worst-case scenario of extraordinarily high tariffs and enabling the resilient economy to continue chugging along.

Stocks were higher on Friday. The Dow rose 70 points, or 0.15%. The broader S&P 500 gained 0.25% and the tech-heavy Nasdaq Composite rose 0.2%.

The Dow is less than 300 points away from hitting an all-time high. The blue-chip index needs to finish the day with a gain of 0.72% to hit

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