US STOCKS-Wall Street rises on trade optimism; Boeing slides

Wall Street kicked off the week on an upbeat note on Monday after the United States and China showed some signs of progress in resolving their trade war, but a fall in Boeing's shares pressured the blue-chip Dow index. White House adviser Larry Kudlow said that tariffs scheduled for December could be withdrawn if trade negotiations go well, adding to optimism from remarks by President Donald Trump that a trade deal could be signed by mid-November. "Any kind of positive development on trade just gets people a little excited, although it is too optimistic to believe that they will reach a whole trade deal as early as mid-November," said Robert Pavlik, chief investment strategist at SlateStone Wealth LLC in New York.

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