Dow Jones Industrial Average turns negative

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Breaking

U.S. stocks open slightly higher as trade-war fears ease

U.S. equity markets opened modestly higher on Thursday as investors appeared less worried about the prospect of trade wars, expecting recently announced tariffs to be watered down to exempt major trading partners such as Canada and Mexico, according to some reports. President Donald Trump is expected to sign a decree that lays out his plan for levies on steel and aluminum imports this week, perhaps as soon as 3:30 p.m. Eastern Time on Thursday. The Dow Jones Industrial Average gained 75 points, or 0.3%, to 24,876. The S&P 500 index rose 5 points, or 0.2% to 2,733, while the Nasdaq Composite gained 28 points, or 0.4% to 7,424. Among the best performers on the S&P 500, Express Scripts Holding Company soared after news that Cigna would buy it in a $67 billion deal.

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