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Stocks Hit Session Highs as Trump Speaks in Davos
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Stocks rose to their highs of the day after President Donald Trump, while being interviewed in Davos, said that he would "demand" the Fed lower interest rates. The S&P 500 was up 0.1%, while the Dow had gained 0.5%, and the Nasdaq Composite was down 0.2%. In his comments, Trump said lower interest rates will drop around the world if the U.S. goes first.