The Wenatchee World

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Wall Street

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Stocks raced higher after two down weeks, as investors warmed up to the idea that the economy is getting better.

Stocks have fallen lately after good economic news as investors worried that the Federal Reserve would think its stimulus was no longer needed. But Monday’s gains, driven by two corporate deals and a strong report on manufacturing, suggested that investors are focused more on growth, less on the central bank’s actions.

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