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Stock Market Rebounds Thursday
(2:15)
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Stocks saw a late session rally after encouraging words from Spain. The economy grew just 1.3 percent in the second quarter according to the revised reading on gross domestic product. Orders for big ticket manufactured items plunged last month. The latest data from teh National Association of Realtors showed a 2.6 percent drop in pending home sales. And the number of people filing for first time unemployment help fell to a 3 month low last week.
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