Stocks Advance on Tariff Bets; Oil Bull Run Ends: Markets Wrap
- Trump’s Mexico tariffs may not need to take effect: Navarro
- Oil enters bear market as U.S. storage jumps most since 1990
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Stocks climbed on optimism Mexican tariffs will be avoided, while traders assessed mixed economic data. Oil entered a bear market after U.S. supplies jumped the most in almost 30 years.