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Wall Street surges as tariff optimism boosts tech stocks

Technology stocks led Wall Street's surge on Monday after signs the Trump administration is taking a measured approach on tariffs against its trading partners. U.S. President Donald Trump's administration is likely to exclude a set of sector-specific tariffs that are on track to be imposed on April 2, according to media reports over the weekend. "The market seems to be reacting in sync with those up-to-the-minute changes in tariffs," said Peter Andersen, founder of Andersen Capital Management in Boston.

LME market data issues on Monday resolved, says service provider

Service provider Trading Technologies said market data issues for the London Metal Exchange (LME) reported earlier on Monday appeared to have been resolved, though it was still doing additional checks to ensure stability. Several LME member firms reported prices missing on Monday on LMEtrader, provided directly by Trading Technologies, and Standard TT GUI (graphical user interface) screens, including carry prices, the LME said. Apart from Trading Technologies, there were no reports of issues with any other independent software vendor (ISV) providers, the exchange said.

Morgan Stanley’s Wilson says tide may turn in favor of US stocks

(Bloomberg) -- A weaker dollar will improve the earnings outlook for US stocks, potentially turning around the massive rotation that’s been underway in global markets since start of the year, according to Morgan Stanley strategists including Michael Wilson.Most Read from BloombergThey Built a Secret Apartment in a Mall. Now the Mall Is Dying.Chicago Transit Faces ‘Doomsday Scenario,’ Regional Agency SaysLA Faces $1 Billion Budget Hole, Warns of Thousands of LayoffsNew York Subway Ditches MetroCa