MORE CARS MADE: U.S. industrial production increased last month as factories made more cars, computers and airplanes. It was a sign that manufacturing is recovering after a weak spring.

FRAGILE ECONOMY: Many investors wonder if the economy is fragile enough to create a sense of urgency among policy makers to act proactively. The slightly better outlook for the economy could prompt the Fed to hold off on taking action when its policy committee next meets in September.

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