Dow poised for modest gain as China sets yuan at a weaker than expected level

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Dow poised for modest gain as China sets yuan at a weaker than expected level
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U.S. stocks on Thursday are set to climb modestly after China fixed its onshore currency at a level that was stronger than feared and as trade data out of the world’s second-largest economy was more upbeat, helping to stabilize a market that has been on edge over global growth fears.

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