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US Retail Sales Rise, Stocks Recover

U.S. retail sales rose a bit in January, evidence that Americans kept spending even though the stock and commodity markets have been volatile and generating worrying headlines. Friday's report from the Commerce Department says retail sales rose two-tenths of a percent last month. Government experts also revised the prior month's sales figures upward as more complete data became available. Economists and investors watch retail sales closely for hints about the consumer demand...

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