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US stocks rise after good news

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06-03-2010, 08:24 AM

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US stocks rise after good news

Wall Street’s main Dow Jones index closed up 2.3% yesterday at 10,250 after good news boosted investor confidence.The pending home sales index and demand for cars boosted stocks in the world’s largest economy.“A positive housing report and better-than-expected auto sales are giving the stock market a lift,” according to Wells Fargo senior equity market strategist [...]

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