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What is U.S. Stocks Surge on Economic Optimism about?

Stocks finished higher on Tuesday as various economic reports exceeded expectations. The S&P 500 set a new record high and the Commerce Department reported that durable goods orders climbed 0.8% in April versus an expected decline. Consumer confidence also rose in May as consumers viewed the economy and labor market more positively. Natural gas and gold prices moved higher and lower respectively due to weather forecasts and equity market performance, while corn futures dropped on signs of accelerating US pl

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FEPFinanceClub

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