New Year Starts as a Happy One for Stock Investors

New Year Starts as a Happy One for Stock Investors

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business graphic upThe latest data pointing to an economic recovery includes encouraging manufacturing news in the U.S. and Europe, propelling stocks higher worldwide.

Stocks rallied after a report showed U.S. manufacturing expanding last month at the fastest pace in seven months, matching analyst estimates.

The Commerce Department also reported that construction spending rose 0.4% in November, the third straight monthly increase.

(READ the story in LA Times)

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