Wall St up as job, home sales data hint at recovery (Reuters via Yahoo! News)

November 28th, 2009

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U.S. stocks edged up on Wednesday, supported by data that pointed to stabilization in the labor and housing markets — two sectors largely considered responsible for slowing down a recovery.


Consumer, labor data buoy optimism on recovery (Reuters via Yahoo! News)

U.S. consumer spending and home sales rose more than expected in October, while new claims for jobless benefits fell sharply last week, suggesting the economic recovery was gaining traction.

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