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Stocks Rally, Dow Reclaims 13,000

 
 

Stocks rallied on some better than expected economic data and optimism surrounding the Federal Reserve. The Federal Reserve held a 1 day policy setting meeting today. Interest rates remained unchanged at 0 0.25%. US retail sales ramped up in February, rising at the fastest pace since September. A second report from the Commerce Department showed a greater than expected increase in business inventories in January. And Yahoo! is suing Facebook.

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