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US market rallies after China announces new round of trade talks
Global stocks soared Friday and reversed the big losses they suffered just a day earlier.The Dow Jones Industrial Average rallied 746 points in the latest twist in a wild three months for markets.Hopes for progress in the U.S.-China trade dispute, a strong report on the U.S. jobs market and encouraging comments from the head of the U.S. central bank about its interest rate policy all combined to cheer investors. (AP)
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