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To: DebtBomb who wrote (278304)9/24/2010 9:09:50 AM
From: Giordano BrunoRespond to of 306849
 
(Reuters) - European stocks inched higher in afternoon trade on Friday after data showed U.S. business spending rebounded strongly and new orders for U.S. manufactured goods excluding transportation rose more than expected.

Lol, it was negative.

As expected, the market will cherry pick what it likes and surges on the news.
Perhaps someone should point out to Boeing and all US defense companies that Nondefense aircraft and parts shipments and new orders plunge by -13.5% and -40.2% in August.

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