By STAN CHOE, Associated Press Business Writer

NEW YORK (AP) — Stocks are rising on Wall Street Thursday, even as President Donald Trump’s latest tariffs kicked into effect on dozens of countries.

The S&P 500 was 0.5% higher in early trading and sitting just a bit below its record, which was set late last month. The Dow Jones Industrial Average was up 254 points, as of 9:31 a.m. Eastern time, and the Nasdaq composite was 0.8% higher.

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