US stocks market gain on consumer survey

Posted by 7Star Sunday, April 19, 2009

US stocks rose on Friday, capping the S&P 500's longest weekly winning streak since 2007, helped by a reassuring report on the mood of consumers and stabilisation in General Electric and Citigroup's quarterly results. The Reuters-University of Michigan survey showed that US consumers have more confidence in the economy than they have had since the sudden collapse of Lehman Brothers in September.

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