Stocks Rise, Boosted by UAW and GM Deal
Stocks are higher on Wednesday, after a deal was struck by the United Auto Workers union and General Motors
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PowerRating). The news is helping shares of both GM and Ford
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Earlier in the day, traders had to digest more disappointing economic news when orders for durable goods fell by more than expected in August.
The U.S. dollar hit another record low versus the euro this morning but has since bounced a little bit higher. Platinum hit a record high and copper rose to a two-month high.
Crude oil is lower, after U.S. inventories rose last week.
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