Analysts also are monitoring ongoing tensions between the US and China, exacerbated most recently in the fight over TikTok.
Trump also said the US should receive a share of the deal, drawing criticism from legal experts who likened the maneuver to racketeering.
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US: Nasdaq climbs 1.5% to record close as stocks gain[NEW YORK] The Nasdaq powered to a fresh record on Monday fueled by Microsoft's potential takeover of TikTok, as markets monitored talks in Washington on another federal relief package. Read more at The Business Times.
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