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Retail sales report boosts US stock market

A Wall Street sign adjacent to the New York Stock Exchange, Thursday, Oct. 2, 2014. European stock markets opened with slight gains Thursday Dec. 11, 2014 after a nosedive in Asia as falling oil prices reinforced jitters about a sluggish global economy. (AP Photo/Richard Drew)NEW YORK (AP) — An encouraging report on U.S. consumer spending pushed stocks sharply higher Thursday. The energy sector rose after crude oil prices stabilized.


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