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Global stock rally rolls on as traders make trade talks



A meeting of US stocks will continue following news that US and Chinese traders have set a new round of talks for next month.

Dow Industrial futures are up 0.8 percent, S&P 500 futures gain 0.7 percent and Nasdaq futures increase 0.9 percent.

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Asian markets also traded higher. China's Shanghai Composite rose 1.6 percent, Hong Kong's Hang Seng added 0.3 percent and Japan's Nikkei closed up 2.1 percent, the highest level in a month.

Relief of tensions in Hong Kong also increased the markets when Hong Kong leader Carrie Lam withdrew an extradition bill that had led to months of violent protests.

US stocks declined on Wednesday, following Tuesday's sale. The S&P 500 gained 1

.1 percent, the Dow Jones Industrials added 0.9 percent and the Nasdaq climbed 1.3 percent.

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The economic agenda includes reports of unemployment claims and private sector hires ahead of Friday's release of the Employment Report in August. It is estimated that the salary expenses of other than the farm increased by 158,000 last month.


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