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Stocks ended Friday and the week on a positive note
US stocks advanced Friday and for the week. The Dow Jones industrials were up 1.4 percent Friday and 3.0 percent on the week. The S&P added 1.3 percent and 2.9 percent while the Nasdaq advanced 1.0 percent and 2.7 percent. The rally reflected traders’ optimism about trade talks between the US and China. Adding to positive sentiment, a report from Bloomberg said China has offered to go on a six-year buying spree to ramp up imports from the US. The people said the aim of easing the tariffs is to advance trade talks and win China's support for longer-term reforms.
US stocks up late on report US may cut Chinese tariffs; jobless claims and manufacturing survey both better than expected
US stocks advanced Thursday, with much of the progress coming later in the session after a report suggested US officials may reduce tariffs on