6/25/2013

Durable goods orders in the U.S. in May were up 3.6% from April, more than economists had expected. "This is the missing piece for an upswing in economic activity," says Millan Mulraine of TD Securities USA, where he is director of U.S. rates research. "Business capital investment activity is off to a strong showing. If businesses start investing, they’ll add to their workforce."

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