U.S. shares climb amid consumer spending, jobless claims

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Source: Bloomberg
© Scanpix\Reuters
U.S. shares advanced, with the Standard & Poor's 500 Index rising for the third day, after data indicated consumer spending recovered in May and less Americans filed unemployment claims last week. The S&P 500 jumped 0.6% to 1,612.57. The gauge rose 1% yesterday following slower-than-predicted U.S. economic expansion boosted speculation the Federal Reserve will keep the purchases unchanged.
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Thu, 27 Jun 2013 15:39:16 GMT

Asian shares heading towards biggest rise since September amid Fed speculation

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Thu, 27 Jun 2013 11:25:14 GMT

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