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US factory orders up 0.8 percent in October

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WASHINGTON (AP) — Orders to U.S. factories rose modestly in October, helped by a big gain in demand for equipment that reflects business investment plans. Factory orders edged up 0.8 percent in October, the Commerce Department said Wednesday. The increase slowed from a 4.5 percent jump in September. Orders for core capital goods, a category viewed as a good proxy for business investment plans,...

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