WRAPUP 2-U.S. economy shows strength in third quarter

Newswire

(Adds details on consumer confidence) By Tim Ahmann WASHINGTON, Nov 26 (Reuters) - The U.S. economy grew more briskly in the third quarter than first thought, with robust car sales helping to more than triple the weak second-quarter pace, the government said on Tuesday. However, two other reports showed new home sales dropped in October while consumer sentiment posted a smaller-than-expected rise this month. Investors, concerned over a loss of economic momentum, sent prices for stocks ...

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