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US durable goods orders jump to highest level since 2014
2020-06-25 13:11:31 GMT
(Economies.com)
At 12:30 GMT, the US economy released its durable goods orders reading, which rose by 15.8% in April, the best reading since July 2016, higher than forecast of 10.3%, and higher than the previous reading of a drop by 17.7%.
The core durable goods orders (excluding transportation items) also rose by 4.4%, better than forecast of 2.1%, and better than the previous reading of a drop by 7.7%. This data is considered positive for the US economy.
| Symbol | Last | Change | Chg.% | ||
|---|---|---|---|---|---|
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1.1246
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-0.0031
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0.2718%
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1.2486
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0.0178
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1.4462%
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Tadawul
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7312.24
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58.91
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0.81%
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18.047
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0.268
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1.507%
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40.285
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1.510
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3.894%
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42.80
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-0.34
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0.79%
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1774.730
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3.115
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0.176%
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