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Global Market Recovery 27 march 2009

Stocks rallied for a second straight day on Thursday as investors grew increasingly hopeful that the economy's worst days are behind after the US government reported data that was less dire than expected. US equities advanced in spite of reports which showed the economy shrank by a revised 6.3% in the fourth quarter, the most since 1982, and continued claims for jobless benefit hit a record this month.

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