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Stocks Rally On QE3 Hopes Thursday
(2:12)
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Stocks rallied in the wake of news of more stimulus from the Federal Reserve. Investors cheered the news of QE3, hoping the decision will bolster US economic growth. Producer prices, a key gague on inflation, rose a much greater than expected 1.7% in August. Jobless claims unexpectedly jumped last week. Meanwhile, Apple unveiled the iPhone 5.
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