On the ground in China: automation and higher wages
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- US stocks advanced Thursday, with much of the progress coming later in the session after a report suggested US officials may reduce tariffs on Chinese goods. Economic data published earlier in the day were broadly positive. The Dow closed 0.7 percent higher on the day, as did the Nasdaq, with the S&P gaining 0.8 percent.
- US stocks advanced Wednesday, with solid earnings from banks providing much of the momentum. The Dow closed 0.6 percent higher on the day, with the S&P and the Nasdaq both gaining 0.2 percent.