U.S. blue chips rally on data, GM; techs lose ground

Newswire

(Updates to unofficial close) NEW YORK, Sept 26 (Reuters) - Blue chips surged on Thursday after a slew of surprisingly positive data bolstered hopes the economy is stabilizing, but technology stocks ended barely changed following Wednesday's dramatic snapback. A triple dose of economic data took the edge off fears about the pace of the economic recovery. Orders for durable goods dipped in August, but the drop was smaller than expected. New jobless claims fell for the second straight ...

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