U.S. Stocks Rise on China Amid American Budget Talks
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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.
McDonald’s Corp., the largest restaurant chain, added 1.1 percent as its November sales rose 2.4 percent globally. Cliffs Natural Resources Inc. and Newmont Mining Corp. rose at least