Stocks gain after jobless claims drop, strong August retail sales
Stocks gain after jobless claims drop, strong August retail sales
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Investors see reason for optimism on comments by Fed policymakers. The stock market shook off early uncertainty to close moderately higher Thursday as a series of mixed economic reports managed to make investors more optimistic about the chances for an interest rate cut by the Federal Reserve. |
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News entry number 990 added on Sep 7, 2007 in the Business News category.
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