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US equities advance on trade optimism and easing inflation signals
US stocks gained on trade optimism and improved inflation signals, with major indices nearing record levels despite stock-specific headwinds.
US stock indices moved higher as optimism around US China trade discussions lifted investor confidence. The S&P 500 and Nasdaq edged closer to record highs, supported by moderating inflation expectations and signs of resilience in labor market data. Tesla shares recovered despite recent analyst downgrades linked to political tensions involving its CEO.