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Wall Street Heads Higher With Nasdaq Up Fifth Straight Day on Cooling Trade-War Fears

Wall Street's major market averages were set to close cautiously higher on Monday as upbeat corporate results from heavyweights like Berkshire Hathaway (BRK.A/BRK.B) and Tyson Foods ( TSN ) soothed lingering fears of an all-out trade war between the US and China.

Gains were widespread across most S&P 500 sectors with only the real estate in the red while positive price action in Facebook ( FB ) and T-Mobile ( TMUS ) offset pressure on biotechs and lifted the Nasdaq into positive turf for a fifth straight day.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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