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BREAKING

S&P 500 Edges Higher After Trump Renews Jobs Pledge

U.S. stocks edged higher on Thursday, buoyed by energy stocks and a renewed pledge by President Donald Trump to chief executives of major U.S. companies to bring back millions of jobs to the United States.

At a meeting with about two dozen chief executives, Trump said he plans to bring millions of jobs back to the United States, without revealing a specific plan on how to counter a decades-long fall in factory jobs

 "We have seen quite a bit about that conference of business leaders with some extremely positive comments about the administration and their facilitation of a more pro-business-friendly environment," said Bruce McCain, chief investment strategist at Key Private Bank in Cleveland. 

 "That sort of endorsement from some of the major corporations around the country and around the world suggests to investors that this is a new era."