WRAPUP 2-U.S. durable orders up, consumer confidence weakens

Newswire

(Recasts throughout, updates with market closing) By Joanne Morrison WASHINGTON, Aug 27 (Reuters) - American factories enjoyed the biggest jump in orders for costly durable goods in nine months, offering some hope the long-awaited recovery in U.S. capital spending may be on its way. However, a separate report out on Tuesday showed consumer faith in the economy has waned, a sign Americans' spending -- crucial to growth and a mainstay during the business-led slump -- could taper off in ...

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