The data “basically tells us economic activity in the fourth quarter is likely to remain at a solid pace,” said Peter Cardillo, chief market economist at Spartan Capital Securities in New York.
Global stock markets are rising after the US Federal Reserve’s latest policy decision. Investors see the move as less aggressive than expected. This could lead
Small and midcap stocks are poised for a strong recovery. Earnings are expected to grow significantly over the next four to six quarters. Cyclical sectors
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