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Friday, October 28, 2005

Stocks Rally on GDP Growth

US stocks are rallying with the good economic news put out this morning. Gross Domestic Product for the third quarter was 3.8%, which includes Katrina and Rita. In the second quarter the economy grew at 3.3%. Also "core" inflation rose 1.3% compared to 1.7% in the second quarter. Core inflation excludes food and energy.

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