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Posts Tagged ‘confidence’

Stocks rally after jump in consumer confidence

by Associated Press Published: August 25,2009

Tags: Business, confidence, Consumer, inflation, stocks

NEW YORK — Investors put stocks back on an upward path Tuesday, encouraged by news of a rebound in consumer confidence and more healing in the housing industry. Major stock indexes rose nearly 1 percent in early afternoon trading, led by gains in financials, retailers and homebuilders. Energy and utility stocks fell as oil prices [...] [...]

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