New York, Philadelphia business indexes show strong gains

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New York, Philadelphia business indexes show strong gains
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These are the stocks posting the largest moves before the bell.

Key business activity indexes for both New York and Philadelphia pointed to continued expansion amid worries that the U.S.-China trade war was dampening growth prospects.

The Empire State Manufacturing Survey was expected to show a reading of 3 while the Philadelphia Fed Business Outlook Survey was projected at 10, according to economists surveyed by Dow Jones. Both readings well above expectations, with the New York gauge posting a 4.8 reading, while the Philadelphia reading was 16.8.

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