The Street -
25 Mar 2015 16:06
NEW YORK (TheStreet) -- Stocks fell shortly after the open Wednesday on confusion over how to read an unexpected slide in durable goods.Durable goods orders in the U.S. slipped 1.4% to $231.3 billion in February, an unexpected drop compared to estimates of a 0.4% increase. In January, durable goods increased 2%. On the one hand, the U.S. dollar fell further from 12-year highs as Wall Street was reading the tepid growth as a means to give pause to the Federal Reserve's rate hike plans. On the ...
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