–U.S. stocks edge higher amid hope for euro-zone progress
–Europe markets mostly lower; Spain up on hopes for financial support
–Concerns about Chinese economic data temper sentiment
NEW YORK–U.S. stocks rose, adding to major benchmarks’ biggest weekly gains of the year, after reports that Spain may turn to European partners for help recapitalizing its banks.
The Dow Jones Industrial Average climbed 49 points, or 0.4%, to 12510 in early afternoon trade. The average headed toward a fourth-straight daily increase and its biggest weekly advance since December, largely thanks to hopes of more stimulus from central banks around the globe fueling …
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