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News Summary: US factory orders rose in October

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MODEST GAIN: Orders to U.S. factories rose 0.2 percent in October, helped by a 2.9 percent gain in demand for equipment that reflects business investment plans. The overall October rise slowed from a 4.5 percent jump in September. THE DETAILS: The big rise in orders for core capital goods, the category viewed as a good proxy for business investment plans, was the biggest increase in eight...

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