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WALL STREET INSIGHT

Upcoming figures for home sales, durable goods under scrutiny

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An eight-week-long rally for US stocks could stall if factory orders and used-home sales data show growth is slowing, or if there is any reversal of the tentative progress in trade talks. Bulls are hoping that the upcoming results are strong enough to put off recession fears, but not strong enough for the Fed to raise rates.

US STOCKS rose for the eighth straight week as optimism about a grand bargain between the US and China and consistently low Treasury yields offset surprisingly weak economic data.

This week, the rally could stall if factory orders and used-home sales data confirm that US growth is slowing...

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