While you were sleeping: US consumer gains confidence

Tue, 28 Oct 2014

By Margreet Dietz Oct. 29 (BusinessDesk) - Stocks on both sides of the Atlantic advanced amid better-than-expected corporate earnings and US consumer confidence climbing to the highest level in seven years. Focus is also squarely on US Federal Reserve policy makers as they started their two-day meeting. The central bank is expected to end its monthly bond-buying program. Shares of Amgen jumped, last up 5.1 percent, after the company reported third-quarter earnings that surpassed expectations and upgraded its full-year forecast. In...

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