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Lance Roberts is a seasoned financial strategist and economist with more than 30 years of experience in investment management, private banking and venture capital. He currently serves as chief ...

At 1:11 p.m. ET (17:11 GMT), the 30-stock Dow Jones Industrial Average had risen by 145 points, or 0.3%, the benchmark S&P 500 increased 0.4%, and the tech-heavy Nasdaq Composite was up 0.4%.