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U.S. manufacturing, jobs, confidence all pointing up
New U.S. manufacturing, jobs and consumer sentiment data are all on positive tracks. November's preliminary purchasing managers index for manufacturers came in at 52.4, up from 51.0 last month. Meanwhile, initial applications for unemployment benefits declined by 41,000 in the latest week, and the Thomson Reuters/University of Michigan consumer confidence index edged up to a five-year high of 82.7.

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