Suddenly the Stock Market Is Calm. Even Breadth Is Improving.

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The stock market is starting to put its December slide behind it.

The Dow was up 331 points, or 0.8%, in midday trading. The S&P 500 was up 1.2%. The Nasdaq Composite gained 1.8%.

Even more encouraging was that the market shook off some earlier jitters after President-elect Donald Trump disputed a report that said his tariffs would be pared back. Wall Street hates uncertainty, so the back and forth could have spelled trouble for the market’s early gains.