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Durable Goods Orders Jump 16.5%—Top 3 Stocks to Own Now

Pelican Press

By Pelican Press,
in World News

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Investors got a nice surprise on June 26 from the latest reading on . The number showed a whopping increase of 16.5%. Not only was this larger than the 8.5% increase that was forecast, but it was also an impressive reversal of the 6.5% decrease in durable goods orders in April. Digging deeper, the reason for the stronger-than-expected reading was a substantial increase in transportation…

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