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US stocks rise again as investors hope for trade progress

“Samsung also said its phones are facing stiffer competition, and its stock fell 1.7 percent in Seoul” writes Marley Jay for NEW YORK (AP) — U.S. stocks are higher Tuesday as industrial and internet companies rise, although losses for banks and chipmakers eroded a big early gain.The latest round of trade talks between the U.S. and China ended without word of progress, but with no evident signs of setbacks either.KEEPING SCORE: The S&P 500 index rose 10 points, or 0.4 percent, to 2,560 as of noon Eastern time.BONDS: Bond prices fell and yields rose, a sign investors expect continued economic growth and higher interest rates.

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