WRAPUP 2-Gloomy US economic data refreshes recovery fears

Newswire

(Adds stock market close) By Anna Willard WASHINGTON, Oct 25 (Reuters) - Plunging durable goods orders and growing consumer gloom raised new concerns about the U.S. economic recovery on Friday while housing offered a rare bright spot in the economic picture. Orders for costly and long-lasting durable goods posted their largest drop in 10 months in September while consumer sentiment in October hit its lowest level in nine years, according to two separate reports. Both were worse than ...

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