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MONDAY, NOVEMBER 23, 2009
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Stocks Up on Jobs, Durables

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(Newser) – Stocks headed higher at the open today, after a pair of promising economic reports. The Dow added 75 points, while the Nasdaq and S&P rose 1.1% and 1% respectively. Durable goods orders rose 1.9% last month, and new jobless claims fell 13,000 last week; both numbers beat analyst estimates. Trading was halted on GM shares, after bondholders struck a new deal with the company.

Traders gather at the post that handles MGM on the floor of the New York Stock Exchange Thursday, May 14, 2009.
Traders gather at the post that handles MGM on the floor of the New York Stock Exchange Thursday, May 14, 2009.   (AP Photo/Richard Drew)
Trader Anthony Riccio works on the floor of the New York Stock Exchange Thursday, May 14, 2009.
Trader Anthony Riccio works on the floor of the New York Stock Exchange Thursday, May 14, 2009.   (AP Photo/Richard Drew)
A pair of traders meet at a phone post on the floor of the New York Stock Exchange Monday, May 4, 2009.
A pair of traders meet at a phone post on the floor of the New York Stock Exchange Monday, May 4, 2009.   (AP Photo/Richard Drew)
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