Stocks end higher, book solid monthly gains

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Stocks ended moderately higher Friday, buoyed by gains for industrial shares on hopes for progress on U.S.-China trade talks. Major indexes booked solid monthly gains. The S&P 500 SPX, +0.75% ended 0.5% higher, while the Nasdaq Composite COMP, +0.50% gained 0.5%, with both indexes snapping a three-day losing streak that was driven by a selloff in tech shares. The Dow Jones Industrial Average DJIA, +1.09% advanced around 108 points, or 0.4%. For the month, the S&P 500 posted a gain of around 3.6%, while the Nasdaq advanced 2.2% and the Dow rose 4.7%.