The strength of the market surge depends on economic news — particularly unemployment data. Consumer confidence, personal consumption and GDP are three other big items on this week’s calendar.
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Stocks closed ever-so-slightly higher Friday as traders weighed some better-than-expected earnings news and inflation data against slumping consumer sentiment.
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Stocks closed higher Friday for the seventh time in the last eight sessions, helped by fewer jobless claims and a stronger-than-expected reading on wholesale inventories and sales. Volume was especially light at the end of the …