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Markets Rally Into Weekend On Fed Comments
(2:14)
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The market closed a lackluster week on a high note. While Federal Reserve Chairman Ben Bernanke acknowledged the continued challenges facing the U.S. economy, the Fed chief did not specifically outline new monetary policy easing in a closely watched speech. Consumer sentiment climbed to a 3-month high in August. New orders for factory goods surged in July, posting the biggest jump in a year. And manufacturing activity in the mid-west region slowed in August.
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