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NEW YORK (Reuters) - U.S. stocks ended higher on Tuesday as telecom stalwarts AT&T and Verizon gained and bank shares added to their torrid post-election rally, helping the Dow set another record closing high.
Donald Trump announced Tuesday a $50 billion Japanese telecoms investment designed to create 50,000 US jobs, claiming another high-stakes personal win for the American economy before kicking off the second leg of a victory tour. The US president-elect provided no details on the jobs or investment, which he trumpeted following a meeting with Japanese self-made billionaire Masayoshi Son at his headquarters in New York. The real estate tycoon whose election stunned the world first tweeted the announcement, then strode into the lobby of Trump Tower to brief reporters in person.