benchmarks fare: The Nasdaq Composite COMP, 1.29% gained 47.69 points, or 0.7%, to 7,073.46, according to Market Watch. What drove the market Investors are measuring solid earnings reports against concerns over slowing economic growth in China and Europe, along with fears that U.S.-China trade tensions will not be eased soon. How did the benchmarks fare The Dow Jones Industrial Average DJIA, 0.75% slid 22.38 points to 24,553.24, while the S&P 500 index SPX, 0.85% rose 3.63 points, or 0.1%, to 2,642.33. Those worries came into sharper focus after Commerce Secretary Wilbur Ross told CNBC that the U.S. is miles and miles away from a trade deal with China. Earnings season is in full swing, with shares of American Airlines Group Inc AAL, 3.92% climbing after the airline announced fourth-quarter results that topped expectations for profit and revenue. The comments added to rising concerns on Wall Street that the trade standoff won't be resolved before March, when the president has promised to raise the current 10% tariff on more than 200 billion in Chinese imports to 25%, if a deal cannot be reached.
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