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Market Snapshot: Stocks poised for third day of gains on upbeat earnings from Walmart, Cisco

Stocks are on track to rise for a third session Thursday, with the Dow rising by triple digits after upbeat earnings from two blue chips, as investors weighed the latest developments on the trade front after President Donald Trump appeared to target Chinese telecommunications group Huawei Technologies Co. with an emergency declaration against threats to U.S. technology.

Meanwhile, economic data on the U.S. labor and housing markets came in better than expected, offsetting worries over trade.

How are major indexes faring?

The Dow Jones Industrial Average DJIA, +0.82% rallied 279 points, or 1.1%, to 25,927 and the S&P 500 index SPX, +1.00% climbed 35 points, or 1.3%, to 2,886.

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