Stocks Shoot Higher As Market Optimism Returns – U.S. Commentary
Stocks surged to close out the week on Friday, as the markets digested upbeat data on durable goods and signs of bottoming from new home sales figures. The data gave way to a resurgence in risk appetite amid easing fears of a double-dip recession. The major averages held steady in late-session dealing, ending at their best closing levels in over four months.
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