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S&P 500, Nasdaq's rallies put stock-market benchmarks on pace to erase weekly losses

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The S&P 500 and Nasdaq's rallies put both benchmarks on track to wipe out weekly losses

Strong early gains for the S&P 500 index SPX, +1.14% and the Nasdaq Composite COMP, +1.31% on Thursday put both benchmarks on track to wipe out firm weekly declines after being buffeted by trade-war fears. The S&P 500 index SPX, +1.14% was up 1.1% at 2,882, with a weekly gain of a little less than 0.1% in late-morning dealings, while the Nasdaq was up 1.3% at 7,922, on pace for a weekly advance of just under 0.1%. Meanwhile, the Dow Jones Industrial Average DJIA, +0.

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