Tech stocks help push Wall Street higher

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US stocks climbed on Monday as investors set aside worries about the United States-China trade war.

US stocks climbed on Monday, helped by gains in Apple, Microsoft and Merck & Co, as investors set aside worries about the United States-China trade war.

Concerns related to those reports had sent the S&P 500 and Nasdaq to a more than three-week low on Friday. The next round of high-stakes trade talks between the world's two largest economies is scheduled for October. For the third quarter, the S&P 500 and Dow moved up 1.2 per cent, while the Nasdaq dipped 0.1 per cent.

Investors this week will focus on economic reports, including a key jobs report and the September ISM purchasing managers index . August's PMI data showed a contraction in the manufacturing sector.

 

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