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Article posted: 12/10/2012 3:52 PM

Stocks edge higher; Dow boosted by McDonald's

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U.S. stocks advanced, after the longest weekly rally in the Standard & Poor's 500 Index since August, as economic data in China beat estimates and investors watched the latest developments in American budget talks.

ASSOCIATED PRESS

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Stocks edged higher Monday on Wall Street after a strong sales report from McDonald's offset concerns about the surprise resignation of Italy's prime minister. Investors also waited for developments in crucial U.S. budget talks.
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